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): “Leadership ‘Emerging’ in a Good Way.”
Highlights Markets are inherently unforecastable; emergence makes future outcomes unknowable in advance. Survival in complex systems comes from monitoring for
Weekly Risk Gauge (WRG): “Materials Steals the #1 Spot.”
Highlights Despite a quiet week from the major indices, continued market broadening remains intact as mid-, small-, and micro-cap stocks
Charting My Interruption (CMI): “Warning Shots from Chemicals & Staples?”
Highlights We monitor marginal shifts in leadership to adapt exposures gradually rather than making abrupt regime bets. Recent rotations include
Weekly MOTR Report (WMR): “Risk Gauge in ‘Risk-On’ as Small Caps Emerge.”
Highlights Risk gauges are fully 'Risk‑On', with both large‑ and small‑cap indices at new highs. Small‑cap leadership is re‑emerging, reversing
Weekly Risk Gauge (WRG): “Finding Pullbacks in Long-Term Leadership.”
Highlights Market breadth continues to improve as large-, mid-, small-, and micro-caps make new highs, while Tech and the MAG7
Weekly MOTR Report (WMR): “New Age Narratives vs Old Age Setups.”
Highlights Our interpretation of the data leaves us with the same view despite the new year: we are in a