The generals, Invesco QQQ Trust (QQQ), reasserted their command this past week, leading the market charge with a 2.91% advance on light incursion (volume). The SPDR S&P 500 ETF Trust (SPY), the loyal lieutenant, followed suit with a 1.49% gain. However, the broader battalions struggled to keep pace with their capital-weighted comrades as mildly rising […]

In last week’s intelligence briefing, surging market volume suggested major market offensives maybe setting up. This past week, the market engaged with tariff skirmishes, employment intel, and a barrage of earnings reports from the S&P 500’s elite forces, the Magnificent 7. However, those seeking a decisive victory may have found themselves in the disappointment of […]

Tactical Overview: This past week’s market engagement revealed extensive high-intensity operations across all of our broad market forces. The theater of operations is primed for a pivotal week ahead, with critical earnings intel, potential tariff maneuvers, and key economic data deployments on the horizon. In this week’s Battlefield Report, all major indices executed strategic withdrawals […]

The generals led the charge this week, while the rank and file executed a strategic withdrawal. The capital-heavy SPDR S&P 500 ETF (SPY) battalion advanced 1.74%, pulling the elite Invesco QQQ Trust (QQQ) forces up 1.51%. Meanwhile, the infantry iShares Russell 2000 ETF (IWM) moved in lockstep with bond prices much of the week, gaining […]

The broader market rallied from its foxhole, closing the week near former resistance levels on poor volume. As intermediate and longer-term interest rates retreated, the troops and the brass led the charge while the generals followed in their wake. The Invesco S&P 500 Equal Weight ETF (RSP) led our forces for the first time in […]

Our 12/30 bond focused flash report stated: “On the front lines of this conflict, we’re closely monitoring the 10-year US Treasury Bond yield, where resistance stands firm at 4.7%. This level represents a key strategic position; a breach could signal a new offensive in the bear market for bonds. Simultaneously, we’re watching the iShares 20+ […]

The first week of 2025 is in the books with all our units moving on light volume, as our forces cautiously emerged from their New Year’s celebrations. The troops (iShares Russell 2000 ETF, IWM) led the charge, bouncing off of support to advance 0.92%, showing the same resilience they displayed during holiday leave. They were […]

In the Christmas-shortened week on Wall Street, the market’s volume was exceptionally light, reflecting the holiday lull. The SPY (SPDR S&P 500 ETF Trust), our primary battlefield indicator, demonstrated resilience by advancing 0.07% over the 3 ½ trading days. Despite the thin trading conditions, both S&P 500 Capital Weighted Volume and Dollar Volume exhibited bullish […]

What a thrilling week on Wall Street it was, I could hardly wait to unwrap this week’s data. As a 30+ year veteran of these market skirmishes, I’ve developed a sense for the ebb and flow of market combat. Yet, as any seasoned commander knows, intuition must be backed by hard intelligence – our market […]

Battlefield Report: Week Ending 12-13-2024 For the second consecutive week, the Tech Generals (NDX 100 Index) marched forward in their Christmas campaign. While last week they had just enough strength to pull the S&P 500 brigade up with them, this past week they advanced alone, leaving their comrades behind scurrying off in the trenches. Troop […]