Charting My Interruption (CMI): “Below 4200, Targeting 3950 to 4050.”
With the alarming degree of damage being done beneath the surface, our take was that the 4200 level would eventually
Charting My Interruption (CMI): “Critical Supports For the Last Standing Leaders.”
The depths of damage beneath the surface of the cap-weighted indices continues to spread (Figure 1, red line). Since there
Charting My Interruption (CMI): “Bulls’ Struggling Quarterback in 4375-4475 ‘Red Zone'”
As breadth data going back to the 1950s suggested it might, the S&P has enjoyed a sprightly rally off its
Charting My Interruption (CMI): “Too Oversold to be Good…Damage Being Done.”
For all intents and purposes, the S&P has now reached its 200 day average after peaking in July. In so
Charting My Interruption (CMI): “Key levels to watch for the S&P”
Highlights The 4200 level is still intact, but there is risk that it will be violated due to the unfortunate
Charting My Interruption (CMI): “The importance of 4200-4300 supports can’t be overstated.”
It goes without saying that the S&P and NDX are the two standout performers this year, leaving investors to wonder:
Charting My Interruption (CMI): “Critical supports to monitor in the days & weeks ahead.”
Post the latest Fed rate meeting and briefing, the market remains under pressure. While a test of the 4200 area was
Charting My Interruption (CMI): “NVDA–Extreme Momentum, Valuation & Accounting?”
There is a lot of controversy swirling around the possibility that NVDA's recent stratospheric revenue gains are unsubstantiated, potentially propped
Charting My Interruption (CMI): “Can you handle the truth?”
If you have been investing for more than a cycle or two (10 years?), you know how humbling the enterprise
Charting My Interruption (CMI): “Selling pressure should induce buying pressure in a bull market.”
As the S&P comes under additional selling pressure, even post NVDA's blowout earnings and sales beat, we remain focused on
Charting My Interruption (CMI): “With rising rates, think ‘rotate’, not ‘exit’.”
With the US 10yr yield moving higher once again, we want to stay in front of the impulse to conclude
Charting My Interruption (CMI): “Banking on Stability”
In recent notes, we've highlighted 4500-4700 on the S&P as an area where investors should expect to see the market