While valuation is known to not be a very effective timing tool, at a certain point, it becomes so extreme that it does matter. This month, we dig into this, plus the current market environment, and prospects for a renewed inflation surge.
Monthly MOTR Checkup Video (MMC): “A Rising Tide Lifts All Boats.” (those with slack in their anchor line, at least)
March 23rd, 2024
Related Market Insights
Some of Our Latest Commentary
Weekly MOTR Report (WMR): “First Oversold Breadth Since March.”
Highlights Market internals have reached their first oversold reading since March, yet the S&P 500 remains only modestly lower...so much
Weekly Risk Gauge (WRG): “Semis Showing Relative Strength.”
Highlights The U.S. market is increasingly oversold, but bullish LT and MT structure remains intact, creating a setup we view
Weekly MOTR Report (WMR): “Process vs. Prognostication.”
Highlights Headlines are worrisome and bearish prognosticators are embracing them with gusto. With the Risk Gauge still in Risk On,
Weekly Risk Gauge (WRG): “Oversold at the Market Level.”
Highlights Despite rising macro and geopolitical risks, the U.S. MOTR Risk Gauge remains 'Risk On' in the long and medium
Charting My Interruption (CMI): “The Impact of 10-yr Treasury Yields Above 5.0%.”
Highlights The 40-year secular bull market in bonds ended in 2020 when 10-year sovereign bonds persistently traded with negative yields.
Weekly MOTR Report (WMR): “Mega Caps Faltering vs Small Caps.”
Highlights Despite widespread concerns about rates, oil, deficits, valuations, and seasonal weakness, the equally weighted MOTR Risk Gauge remains broadly