Weekly MOTR Report (WMR): “Conditions for a Correction Remain in Place.”
Highlights Short-term divergences continue to build, adding to our conviction that aggressive buying is ill-advised while the market is overbought.
Weekly MOTR Report (WMR): “Consumer Stocks Stepping in to Fill Tech’s Void.”
Highlights On Friday, the S&P left the impression it was intent on going higher, but drilling down on the day's
Weekly MOTR Report (WMR): “Preference for Buying Next Oversold.”
We just published our Monthly MOTR Checkup Video, titled "Market Not Ready for 'Prime' Time Yet" (here). The high level summary points
Weekly MOTR Report (WMR): “Commodities Breaking Out…Don’t Ignore.”
Highlights With all eyes on NVDA this week, let's not lose sight of last week's big reversal in commodities. While
Weekly MOTR Report (WMR): “Tactical Caution Still Warranted.”
Highlights We remain longer-term bullish, with expectations for further gains towards the latter part of 2024. That said, no trend
Weekly MOTR Report (WMR): “Outlook for a Rangebound Summer Remains Intact.”
Brief note this week as I am traveling for my son's college graduation! While it has been nice to see
Weekly MOTR Report (WMR): “Tactical Expectations vs Strategic Execution.”
Highlights Bigger picture, the market remains healthy, and we hold positive expectations for 2024. Tactically, it is in correction mode
Weekly MOTR Report (WMR): “Correction Underway, Tactical Rally Due.”
The Monthly MOTR Checkup Video was published last night, so today's WMR will be brief. In essence, the correction is
Weekly MOTR Report (WMR): “Selling Begets Buying in Bull Markets.”
Highlights The correction is well underway now, with the Value Line (average stock) already down over 5% from its recent
Weekly MOTR Report (WMR): “Tech Pausing, Energy & Materials Picking Up Slack.”
Highlights The Tech sector continues to languish, with breadth deterioration taking hold despite continued new highs in 2024 for the
Weekly MOTR Report (WMR): “Financials Top the Leaderboard Once Again.”
Highlights Our Risk Gauges finished Q1'24 with "Risk On" readings in both the short- and medium-term timeframes, while the long-term
Weekly MOTR Report (WMR): “Mr. Market Continues to Look Forward Optimistically.”
Highlights "Change at the margin" remains positive, and absolute levels of trend and breadth are nowhere near extreme levels. At