Newsletters Test

Key Points: 1- In 2022, the SPX was LOWER two weeks after the CPI report 8/12 times.  2- Many times,...

The Bounce Continues

Topics Reviewed:  1- SPX’s performance 2- Patterns 3- Breadth 4- Sector ETFs: XLRE Real Estate 5- AMZN 6-...

Key Points: 1- The SPX’s small bearish pattern we’ve been watching was negated yesterday.  Two small...

Key Points: 1- The SPX remains in the same trading range it’s been in for the last month, which began...

Pre-Powell Reversal

Topics Reviewed:  1- SPX’s performance 2- Patterns 3- Breadth 4- Sector ETFs: XLV Healthcare 5- PJP Drugs 6-...

Key Points: 1- From a price action perspective, the SPX has a chance to do something it hasn’t accomplished...

Week Ending 1/6/2023

Topics Covered: 1- SPX Weekly Streaks 2- Breadth 3- MDY Mid Caps 4- XLC Communication Services 5- PKW...

Key Points: 1- The US Dollar’s long-term chart has suggested the current price level was a likely spot...

Rangebound... for Now

Topics reviewed in tonight’s video: 1-SPX: consecutive down years 2-SPX: Patterns 3-SPX: 20 Day...

Key Points: 1-While the SPX has remained quiet, 16 key ETFs we track made new 20-Day Highs yesterday....

Big Moves Outside of SPX

Topics Reviewed:  1- SPX’s performance 2- Patterns 3- Breadth 4- Sector ETFs: XLF Financials 5- SIL Silver...

Key Points: 1-Tracking the frequency of large moves gives us important clues about the market’s trading...

Slow Start

Topics Reviewed:  1- SPX’s performance 2- Patterns 3- Breadth 4- Sector ETFs: XLC Comm Services 5- META 6-...

New Year, Same Trends

Key Points: 1- The SPX has logged successive down years only TWICE since the early 1940s (’73-’74 and...

Key Points Two overriding themes were prevalent in 2022 from a technical viewpoint: 1-The traditional...

Bad Start, Good Bounce

Topics Reviewed:  1- SPX Performance 2- Patterns 3- Breadth 4- Sector ETFs: XLV Healthcare, XLE Energy 5-...

Key Points: 1- The most successful bearish patterns in ’22 have taken shape soon after the SPX has come...

Oversold Bounce

Topics Reviewed:  1- SPX 1% gains 2- Patterns 3- Breadth 4- Sector ETFs: XLV Healthcare 5- XLRE Real...

  Key Points: 1- Four-day declines happening after preceding big drawdowns led to the best long set-ups...

Morning Trends:  AAPL   Key Points: 1- From its late November high, AAPL now is -14%, which makes it...

Downside Follow Through

Topics Reviewed:  1- SPX’s performance 2- Patterns 3- Breadth 4- Sector ETFs: XLY Consumer Discretionary 5-...

Key Points: 1- The SPX is coming off its seventh two-week -5% decline of the year and the first in three...

Week Ending 12/16/22

Topics Covered: 1- SPX -5% over 2-wks study 2- Breadth 3- NDX 4- XLE Energy and XLY Consumer Discretionary 5-...

Key Points: 1- Whatever today’s result is… it will have repercussions from a pattern perspective. ...

The Real Reaction

Topics Reviewed:  1- SPX’s performance 2- Patterns 3- Breadth 4- Sector ETFs: XLK Technology 5- S&P...

Key Points: 1- Back and forth movement has defined the market action more than anything else going back...

Flat

Topics Reviewed:  1- SPX’s performance 2- Patterns 3- Breadth 4- Sector ETFs: XLC Comm Services 5- New...

Key Points: 1- This is the first time in 2022 that an FOMC rate decision followed a CPI report the very...

SPX 4,100

In tonight’s video, we’re reviewing: 1-SPX’s -3% weeks in ‘22 2-SPX’s -3% weeks per year 3-Performance...

Key Points: 1- Even though the SPX tacked on 350 points from the close on 11/09 to its recent high on...

Big Moves before the Big Number

Topics Reviewed:  1- SPX’s performance 2- VIX +9%, SPX +1% on same day 3- Breadth 4- Sector ETFs: XLK...

Key Points: 1- Since the day after Thanksgiving, the SPX is down 8/10 days, which turned a potential...

Week Ending 12/09/22

Topics Covered: 1- SPX -3% weeks study 2- Breadth 3- DJIA 4- XLE Energy and XLRE Real Estate 5- IWO Small...

Key Points:  1– We have two full trading days left before the CPI report, and the SPX once again...

Key Points: 1– The SPX now has endured five-day declines six times in 2022.   Of the prior five,...

No Bounce

Topics Reviewed:  1- SPX’s performance 2- Patterns 3- Breadth 4- Sector ETFs: XLV Healthcare 5- Healthcare...

Key Points:  1– The SPX just logged its second straight 1% decline for the 13th time this year. 2–...

Two Tough Days

Topics Reviewed in Tonight’s Video: 1-SPX’s two straight 1% declines 2-Now vs. prior comeback attempts 3-Market...

Key Points:  1– In our Morning Trends piece from 11/25, “All Eyes on Mid-December,” we discussed...

Second Straight Big Monday Decline

Topics Reviewed:  1- SPX’s performance2- Patterns3- Breadth4- Sector ETFs: XLY Con Discr and XLF Financials5-...

Key Points:  1– A simple and instructive way to track strength and weakness is to view 10 significant...

Week Ending 12/02/22

Topics Covered: 1- SPX’s current comeback vs. others since 20092- Breadth3- NDX4- XLP Consumer Staples5-...

Key Points:  1– The market has done two things rather well in recent weeks: capitalize on important...

Slow Start… for Some

Topics Reviewed:  SPX’s Performance, patterns, breadth, XLP Consumer Discretionary, XRT Retail, ZROZ...

After Two Straight +5% Months

Key Points 1-In today’s piece, we look at what two straight 5% months means going forward, December performance...

Key Points:  1- The SPX’s current 2.2% November advance is right in line with past Novembers that have...

One More Day

In tonight’s video, we’re reviewing Seasonality, Big Daily Moves, SPX Patterns, Breadth, NDX, XLU, XLK,...

Key Points:  1- The SPX’s 14-Day RSI indicator just grazed the 60-area for the third time this year....

Another 1% Decline

Topics Reviewed:  SPX’s Performance, patterns, breadth, XLP Consumer Staples, XLV Healthcare, XLI Industrials,...

Key Points:  1- Just 4/10 of the SPX’s biggest names are up YTD (BRKB, UNH, JNJ and XOM).  7/10 of the...

Week Ending 11/25/22

Topics Covered: SPX, Seasonality, Breadth, DJIA, Sector ETFs above their August Highs, XLV, MTUM, XME,...

Key Points: 1- The final CPI report of the year will be released on Tuesday, 12/13, and the last FOMC...

Key Points: 1- Since 10/13, which now spans 28 trading days, the SPX has seen an equal number of advances...

Big Moves are Back

Topics discussed in today’s video are the SPX’s performance, Breadth, Patterns, XLK, XLI, XLP,...

Key Points: 1- Like the SPX, the VIX has experienced multi-week swings various times this year.  The...

SPX Holds Again

Topics Reviewed:  SPX’s Performance, patterns, breadth, XLU, XLP, XLV, OIH, KIE, PBJ, MGPI, PEP, Lagging...

Key Points: 1-As referenced yesterday, Thanksgiving Week historically has had a positive bias, but in...

Week Ending 11/18/22

Topics Covered: SPX’s weekly moves smaller than +/-1%, Thanksgiving Week performance, Breadth, IWC, XLY,...

Key Points: 1- So far in 2022, the SPX has logged four weekly declines that did NOT undercut the prior...

Down but Not Out

Topics Reviewed:  SPX’s Performance, patterns, breadth, XLK, AAPL, MSFT, biggest moves from the lows...

Key Points: 1- At some point, the SPX’s steep uptrend will be challenged, which perhaps, is happening...

Quietly Testing Important Levels

Topics Reviewed:  SPX’s Performance, patterns, breadth, XLE, VEU (world, ex-US), TLT, ZROZ, ARKK, MSOS,...

Key Points: 1- The NDX was up 1.5% yesterday, having stayed above its breakout zone now for three straight...

Market Update 11/15/22

Topics discussed into today’s video include: SPX’s +5% weeks now vs. 2009, Breadth, Patterns now...

Key Points: 1-In 2009, the SPX’s momentum materially shifted after logging that fourth 5% week.  This...

Breather

Topics Reviewed:  SPX’s performance, patterns, breadth, XLC, XLY, overbought ETFs, ETFs making new 50-Day...

Key Points: 1-The SPX just logged its third week of at least +4% gains in a four-week time frame.  Since...

Week Ending 11/11/22

Topics Covered: SPX’s +5% weeks and clusters of +4% weeks, Breadth, XLV, MTUM, GDX, ETSY, NOW, EWN (Netherlands),...

Two Critical Days

Key Points: 1- Combined, the SPX’s total moves of 10/13 and 11/10 = +11.1% or 83% of the total +13.3%...

Green

Topics Reviewed:  SPX gains (and losses) of at least 4% since 1970, patterns, breadth, best ETFs since...

Key Points: 1- The SPX has fallen on the day of the CPI report 7/10 times in 2022 through last month. 2-...

Key Points: 1-The SPX just logged its 10th three-day winning streak of 2022.  The index was lower two...

Back & Forth

Topics Reviewed:  SPX, Patterns, Breadth, XLB, Bitcoin, GDX, SIL, ROBO, ETFs making new 52-wk highs and...

Key Points:  1- The SPX now has logged 57 gains of at least 1% in 2022.  In 2017, it had FOUR 1% gains...

Light Upswing Continues

Topics Reviewed:  SPX, best daily ETFs, Breadth, XLU, SMH, GLD, JETS, IBB, Relative Volume 1-Performance The...

Key Points:  1- The SPX starts the week with no live chart patterns.  Potential bullish and bearish versions...

Week Ending 11/4/22

Topics Covered: SPX’s 3% weekly declines in 2022, NDX, XLE, XLC, PSP, TAN, DAR, ZBH, TUR, ZROZ, SOYB,...

Market Update 11/3/22

Topics Reviewed in Today’s Video SPX’s +8% months – now vs. 1974, SPX’s consecutive...

Key Points: 1- The SPX’s rollover negated each of the bullish patterns we’ve been referencing. 2- It’s...

Reversal

Topics Reviewed:  SPX’s broken bullish patterns, SPYG, XLC, US Dollar (UUP), 10-Year Yield, GDX,...

Key Points: 1- After FOMC decisions in 2022, SPX has been higher two weeks 4/6 times. 2- The index was...

Last Licks: Slow Start

Topics Reviewed:  SPX, Patterns, Breadth, RSP, XLI, FDN, QQQ, IGV, XLC, ZROZ, EWW, ILF, GDX and ETF Relative...

After an 8% Monthly Gain

Key Points 1-In today’s piece, we look at what October’s 8% gain means from various perspectives.  The...

Key Points: 1- With one trading day left in October, the SPX suddenly has three bullish chart patterns...

Week Ending 10/28/22

Topics Covered: SPX’s back-to-back weekly 4% gains since 1970, DJIA, XLI, IWO, IWP, ARKK, CDAY, TMO,...

Key Points: 1- The SPX’s two bullish patterns will be under pressure today, as a convincing close below...

Key Points: 1- While the wiggle room has shrunk, with the SPX finishing above 3,800 again yesterday,...

Red & Green

Topics Reviewed:  SPX, RSP, Patterns, Breadth, XLC, UUP, OIH, TAN, SIL, UGA, AAPL, AMZN, XOM, CVX,...

Key Points: 1- With the SPX pushing through 3,800 yesterday, two bullish patterns were triggered, with...

Market Update 10/25/22

Topics Discussed in Today’s Video:  SPX’s pattern breakouts, key resistance, comparing this...

Key Points: 1-The SPX is very close to triggering a five-week bottoming formation.  A rejection of SPX...

SPX 3,800

Topics Reviewed:  SPX, Patterns, Breadth, XLV, OIH, UGA, 20-Day highs, JO, UNG, Relative Volume, FXI,...

Key Points: 1- The SPX just notched its tenth straight weekly move of at least 1% for only the tenth...

Week Ending 10/21/22

Topics Covered: SPX’s +4% weekly moves, QQQ, XLE, MTUM, XBI, ON, KMX, EIDO, ZROZ, URA & US...

Key Points: 1- The SPX has yet to touch the Upper Bollinger Band (UBB) on this rebound. It’s only been...

Key Points: 1-The SPX has witnessed some incredible moves over the last four weeks; however, the index...

Mini Streak Over; New SPX Pattern

Topics Reviewed:  SPX, Patterns, Breadth, XLE, UUP, IGE, SMH, XBI, JETS, Relative Volume 1-Performance The...

Key Points: 1-After yesterday, the SPX now has logged two straight gains for just the fourth time since...

Market Update 10/18/22

Topics Discussed in Today’s Video: SPX pattern update, past 2022 rallies, 9-wk streak of +/-1%...

Key Points: 1-The SPX just logged it third straight +/-2.4% move for the second time this year.  This...

Gap & Hold

Topics Reviewed:  SPX, Patterns, Breadth, XLY, UUP, OIH, XOP, ETFs making new lows, TUR, Relative Volume 1-Performance The...

Key Points: 1-With the SPX still above last week’s low, the small potential bottoming formation we first...

Week Ending 10/14/22

Topics Covered: SPX’s 9 straight +/-1% weekly moves, NDX, XLV, IWP SMH, CPB, MPWR, TUR, ZROZ, SLV,...

Key Points: Below we review: What happened. What changed. What remains the same. And.. What needs to...

Brief Market Update

SPX The opening sell off put the SPX within 16 handles of the 3,475 downside target.  Apparently, that...

Key Points: 1-The SPX has endured TWO six-day losing streaks in the last three weeks.  The last time...

Pre-CPI Calm (Video)

Topics Discussed in Today’s Video:  SPX Performance, Patterns, Breadth, SLYG, XLE, XLU, TAN,...

Pre-CPI Calm

Topics Reviewed:  SPX Performance, Patterns, Breadth, SLYG, XLE, XLU, TAN, XLF, SIL, Relative Volume 1-Performance As...

Key Points: 1 – In 2022, the index has logged four prior five-day losing streaks.  The index was...

Still Searching for a Bid

Topics Reviewed:  SPX Performance, Patterns, Breadth, SLYV, XLRE, New 52-week lows, SMH, MSOS, Relative...

Key Points: 1-The SPX has followed long losing streaks with strong short-term snapbacks each time in...

Four Straight Losses... Again

Topics Reviewed:  SPX Performance, Patterns, Breadth, NDX, XLE, MSOS, KWEB, BAL, New Lows and Laggards,...

Key Points: 1- Prior to last week, there were only two times in 2022 that the SPX followed a 2.5% gain...

Week Ending 10/7/22

Topics Covered: SPX performance, breadth, MDY, XLE, DVY, KIE, WYNN, SEDG, VEU, 10-Year Yield, Crude Oil,...

Chart Rundown

Topics Discussed in order: 10 Year Yield (2) US Dollar (2) 10 Year Yield, USD & SPX SPX (8) SPX &...

Quiet Fade, but Not in Everything

Topics Reviewed:  SPX Performance, Patterns, Breadth, SPYV, XLE, Top Performers since 9/26, OIH,...

Key Points: 1 – A change in market character always begins in the short-term work. 2 – For most...

Battling After the Surge

Topics Reviewed:  SPX Performance, Patterns, Breadth, XLE, CORN, OIH, TAN, SMH, UUP, Relative Volume 1-Performance The...

Key Points: 1-Going back to 1970, the SPX notched consecutive +2.5% advance 12 prior times. 2-The last...

Follow Through... Found

Topics Reviewed:  SPX Performance, Patterns, Breadth,  XLF, Two-Day Leaders, UUP, ARKK, USO, SIL, Relative...

Key Points: 1-The last time we saw a gain the day after a 2% advance was late July (7/27-28), as the...

Round Two (Video)

In today’s video, we review tonight’s Last Licks’ report, “Round Two,”...

Round Two

Topics Reviewed:  SPX Performance, Patterns, Breadth, XLE, XLU, XLY, Leaders, EWZ, UUP, SLV, UNG Relative...

Key Points: 1- The SPX’s -9.3% loss was the 17th monthly decline of at least -9% since 1970. The...

September and Q3

Topics Covered: Full September and 3Q review Plus: SPX: consecutive monthly losses, monthly and quarterly...

Key Points: 1-The prior four times the SPX broke below a previous low in 2022, the SPX fell an additional...

Not Yet... (Video)

Not Yet...

Topics Reviewed:  SPX Performance, Patterns, Breadth, SPYV, XLE, XEL, PBW, XRT, UUP & SPX, PALL....

Key Points: 1– 2% gains that happened AFTER preceding big downturns in 2022 have yielded the BEST...

Bounce

Topics Reviewed:  SPX Performance, Patterns, MDYG, Breadth, Sector ETFs, UUP, TNX, GDX, SIL, today’s...

Key Points: 1- The SPX is down six straight days.  Since 1990, there were 24 prior losing streaks of...

6 Straight Losses

Topics Reviewed:  SPX Performance, vs. 200-Day MA, Patterns, Breadth, SPYG, MDYG, XLE, XLU, ZROZ, XBI,...

Key Points: 1 – The SPX is NEAR major support after a sizable, unceasing downturn. 2- There were...

SPX Holds Lows, While Many Others Fail

Topics Reviewed:  SPX Performance, Patterns, Breadth, SLYV, XLRE, UUP, FXB, KWEB, JO, GXG, Relative Volume 1-Performance The...

Key Points: 1- Last week, the SPX logged its fourth weekly decline of at least -3% in the last five weeks. ...

Week Ending 9/23/22

Topics Covered: SPX, DJIA, XLE, VTI, GIS, APA, EWZ, IGOV, URA, UUP, Bitcoin, WEAT, MSOS, Breadth   5-Day...

Key Points: 1-SPX: Being oversold in a downtrend is a MUCH different scenario vs. being oversold in an...

Key Points 1-The SPX logged its 2nd straight 1% decline yesterday.  The last time it experienced a -1%...

Red Reaction

Topics Reviewed:  SPX Performance, Patterns, Breadth, SPYG, XLC, EWZ, ZROZ, SLV, UUP, PEJ, JETS, EEM,...

Key Points: 1-The SPX currently is trading in its fifth multi-week downward sloping trading channel in...

Pre-FOMC Downside Pressure

Topics Reviewed:  SPX Performance, Patterns, Breadth, MDYG, XLK, AAPL, WEAT, CORN, PSP, CUT, EWD, Relative...

Key Points: 1- Both of the SPX’s bearish patterns remain “alive,” but the immediate downside follow-through...

Treading Water

Topics Reviewed:  SPX Performance, Patterns, Breadth, MDY, XLRE, PALL, EWZ, IYT, MSOS, UGA, SOCL, XLC,...

Key Points: 1- Last week, the SPX endured its third 3% weekly loss in the last four weeks for the first...

Key Points: 1-The SPX has had two 1% declines so far this week. The index only has logged THREE or more...