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
Charting My Interruption (CMI): “Bullish for Q4, but Head on a Swivel.”
Highlights Market internals are deceptively oversold, setting the stage for a strong Q4'26 seasonal window. We are more than 100%
Weekly MOTR Report (WMR): “Oversold Breadth Bullish for Now.”
Highlights Despite the S&P being essentially at all-time highs, most stocks are down high single/low double digits. This oversold breadth
Weekly Risk Gauge (WRG): “Technology First to Emerge.”
Highlights The LT gauge remains in 'Risk On' while the MT gauge closed in the top half of 'Mixed', creating
Monthly MOTR Checkup (MMC): “The Thread Through the Maze.”
“The Thread Through the Maze.” Presently, there is so much to be bullish about. Presently, there is so much to
Weekly MOTR Report (WMR): “A Rally Before Lower Lows.”
Highlights Oversold conditions still support expectations for a tactical rally, but recent deterioration in breadth has pushed the medium-term Risk
Weekly Risk Gauge (WRG): “Weakness Spills into Monthly Timeframe.”
Highlights The U.S. Risk Gauge downticked in both MT and ST last week, but the LT timeframe remains intact as