No Major Dealbreaker Visible For Now

Report based on data from 2025-05-16

Market Review

The S&P 500 recorded a 5.3% increase over the past week, a 12.9% increase over the last month, a decrease of 2.6% over the past three months, and a 12.5% increase over the past year. Read More

Short-Term Uptrend Bolsters S&P 500 Despite Ongoing Risks

Report based on data from 2025-05-09

Market Review

In the past week, the S&P 500 experienced a decrease of 0.5%. Over the last month, it saw an increase of 3.7%. Looking back over the past three months, the S&P 500 declined by 6.1%. However, over the course of the last year, it showed a gain of 8.6%. Read More

Short-Term Recovery Continues Amid Long-Term Vulnerability

Report based on data from 2025-05-02

Market Review

In the past week, the S&P 500 experienced a 2.9% increase. Over the last month, it saw a 0.3% rise. Looking back over the past three months, the S&P 500 declined by 5.9%. However, over the course of the last year, it showed a positive growth of 12.3%. Read More

Trend Stabilizes Amid Increasing Reward, High Risk Caution

Report based on data from 2025-04-25

Market Review

In the past week, the S&P 500 experienced a 4.6% increase. Over the last month, it decreased by 4.4%. Looking back over the past three months, the S&P 500 showed a decline of 9.4%. However, over the course of the last year, it saw a gain of 9.4%. Read More

S&P 500 Vulnerability Remains High Amid Negative Trend

Report based on data from 2025-04-17

Market Review

In the past week, the S&P 500 experienced a 0.3% increase. Over the last month, it decreased by 6.9%. Looking back over the past three months, the S&P 500 declined by 11.9%. However, over the course of the last year, it saw a 5.2% increase. Read More

Potential Losses Remain High Despite Recent Positivity

Report based on data from 2025-04-11

Market Review

In the past week, the S&P 500 experienced a 5.7% increase. Over the last month, it decreased by 3.7%. Looking back over the past three months, the S&P 500 declined by 8%. However, over the course of the last year, it saw a 3.2% rise. Read More

Stay Alert Amid Very High Risk Regime

Report based on data from 2025-04-04

Market Review

The S&P 500 experienced a -9.1% return over the past week, -12.2% over the last month, -14.6% over the past three months, and -1.4% over the last year. Read More

Weak Condition Signals Caution in S&P 500 Market

Report based on data from 2025-03-28

Market Review

In the past week, the S&P 500 experienced a decrease of 1.5%. Over the last month, it declined by 6.3%. Looking back over the past three months, the S&P 500 decreased by 6.5%. However, over the course of the last year, it saw an increase of 6.2%. Read More

Short-Term Risks Quite Unfavorable With Negative Trend

Report based on data from 2025-03-21

Market Review

In the past week, the S&P 500 experienced a 0.5% increase. Over the last month, it declined by 5.7%. Looking back over the past three months, the S&P 500 decreased by 4.4%. However, over the course of the last year, it saw an 8.1% rise. Read More

No Need To Panic Yet As Market Internals Still Look Supportive

Report based on data from 2025-03-07

Market Review |

In the past week, the S&P 500 experienced a decrease of 3.1%. Over the last month, it declined by 4.2%. Looking back over the past three months, the S&P 500 showed a decrease of 5.3%. However, over the course of the last year, it saw an increase of 11.9%. Read More

No Major Dealbreaker Visible Despite Recent Performance Dips

Report based on data from 2025-02-28 |

Market Review |

In the past week, the S&P 500 experienced a decrease of 1%. Over the last month, it declined by 1.9%. Looking back over the past three months, the S&P 500 showed a decrease of 0.7%. However, over the course of the last year, it saw an increase of 17.5%. Read More

No Major Dealbreaker Visible Despite Recent Performance Dips

Report based on data from 2025-02-21

Market Review

In the past week, the S&P 500 experienced a decrease of 1.7%. Over the last month, it decreased by 0.6%. Looking back over the past three months, the S&P 500 saw an increase of 1.1%. In the last year, the S&P 500 showed a growth of 20.7%. Read More

S&P 500 Uptrend Strengthens with Broad Base

February 16th, 2025 |

Market Review |

The S&P 500 experienced a 1.5% increase over the past week, a 4.7% rise in the last month, a 2.8% growth over the past three months, and a 22.3% increase in the last year. Read More

Short-Term Uptrend Driven by Supportive Base

February 9th, 2025 |

Market Review |

In the past week, the S&P 500 experienced a decrease of 0.2%. Over the last month, it saw an increase of 2%. Looking back over the past three months, the S&P 500 rose by 0.9%. In the last year, the S&P 500 showed a gain of 20.6%. Read More

Broad-Based Uptrend Strengthens Amid Favorable Regime

February 2nd, 2025 |

Market Review |

In the past week, the S&P 500 experienced a decrease of 1%. Over the last month, it saw an increase of 2.7%. Looking back over the past three months, the S&P 500 showed a rise of 5.9%. In the last year, the S&P 500 has grown by 24.7%. Read More

Uptrend Conditions Continued To Strengthen

January 26tht, 2025 |

Market Review |

In the past week, the S&P 500 experienced a 1.7% increase. Over the last month, it rose by 1%. Looking back over the past three months, the S&P 500 saw a 5% increase. In the last year, it has shown a 25.3% growth. Read More

Trend Quality Improving On Low Levels Stabilizing

January 19th, 2025 |

Market Review |

In the past week, the S&P 500 experienced a 2.9% increase. Over the last month, it decreased by 0.9%. Looking back over the past three months, the S&P 500 saw a 2.7% increase. In the last year, the S&P 500 showed a 26.5% rise. Read More

Regime Demands Continued Vigilance Amid High Risk

January 12th, 2025 |

Market Review |

In the past week, the S&P 500 experienced a decrease of 1.9%. Over the last month, it declined by 3.4%. Looking back over the past three months, the S&P 500 showed an increase of 0.8%. In the last year, the S&P 500 has risen by 21.8%. Read More

Market Remains At Risk For Stronger Dissapointments

January 5th, 2025 |

Market Review |

In the past week, the S&P 500 experienced a decrease of 0.5%. Over the last month, it declined by 1.8%. Looking back over the past three months, the S&P 500 showed an increase of 4.3%. In the last year, the S&P 500 rose by 26.3%. Read More

Short-Term Risks Remain High Despite Recent Gains

December 29th, 2024 |

Market Review |

In the past week, the S&P 500 experienced a 0.7% increase. Over the last month, it saw a decrease of 0.5%. Looking back over the past three months, the S&P 500 showed a gain of 4.1%. In the last year, the S&P 500 has increased by 24.9%. Read More

Market Vulnerable To Stronger Losses

December 22nd, 2024 |

Market Review |

In the past week, the S&P 500 experienced a decrease of 2%. Over the last month, it saw an increase of 1.1%. Looking back over the past three months, there was a decrease of 2%. However, over the course of the last year, the S&P 500 showed a notable increase of 26.2%. Read More

Long-Term Positive Outlook: Healthy Pause Before Uptrend Resumes

December 15th, 2024 |

Market Review |

In the past week, the S&P 500 experienced a decrease of 0.6%. Over the last month, it remained unchanged at 0%. Looking back over the past three months, the S&P 500 saw an increase of 0.3%. In the last year, the S&P 500 showed growth of 28.6%. Read More

Robust Uptrend Continues with Strong Market Support

December 8th 2024 |

Key Takeaways

  • Short-lived consolidation possible
  • Positive outlook remains unchanged
  • No major dealbreakers visible

Market Review

U.S. averages finished the week with a mixed performance. The Dow Jones Industrial Average slipped 0.6% over the week, to end at 44,642.52. The S&P 500 rose 1.0% from last week's close to finish at a new record of 6,090.27. The Nasdaq closed at 19,859.77, posting a 3.3% weekly rise. Both the S&P 500 and the Nasdaq marked their third straight positive week. Among the key S&P sectors, the discretionary sector was the best weekly performer, while the energy sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded around 12.8. Read More

Broad-Based Uptrend Supportive of Positive Market Outlook

December 1st 2024

Key Takeaways

  • Market Is Moving In Line With Outlook
  • Expect Further Gains Ahead
  • Positive Outlook Unchanged

Market Review

U.S. stocks rallied for another week, with two benchmarks scoring all-time closing highs. The Dow Jones Industrial Average posted a weekly increase of 1.4% to finish at a record of 44,910.65. The S&P 500 rose 1.1% for the five days to a record closing of 6,032.38. The Nasdaq also added 1.1% during the week to 19,218.17. Nearly all key S&P sectors ended in positive territory for the week, led by the health care sector. Energy was the only decliner. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded around 13.5. Read More

Broad Uptrend Continues With No Dealbreakers Seen!

November 24th 2024 |

Key Takeaways

  • Healthy breather has come to an end
  • Uptrend packed by a broad-basis
  • Positive outlook unchanged

Market Review |

U.S. stocks finished the week with solid gains. The Dow Jones Industrial Average finished at a new-all-time closing high of 44,296.51 and surged nearly 2.0% this week. The S&P 500 gained 1.7% over the same period and finished at 5,969.34. Closing at 19,003.65, the Nasdaq booked a 1.7% weekly rise as well. All key S&P sectors ended in positive territory for the week, led by the materials sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 15.2. Read More

Healthy Breather in Place!

November 17th 2024 |

Key Takeaways

  • Healthy breather in place
  • No need to panic for now
  • Positive outlook unchanged

Market Review |

U.S. stocks finished a tough week in red. The Dow Jones declined 1.2% for the week to 43,444.99. The S&P 500 retreated 1.3% from last Friday's close to finish at 5,870.62. The Nasdaq posted a 2.2% loss for the week and finished at 18,680.12. Among the key S&P sectors, the financial sector was the best weekly performer, while the health care sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded around 16.1. Read More

Healthy Breather Possible But Still No Major Dealbreaker Visible

November 10th 2024 |

Key Takeaways

  • No major dealbreaker visible
  • Positive outlook unchanged
  • New allocation in our WSC Sector Rotation Strategy

Market Review |

U.S. stocks posted strong gains for the week, with all three benchmarks scoring all-time highs. The Dow Jones Industrial Average posted a weekly increase of 4.6% to finish at 43,988.99. The S&P 500 rocketed 4.7% for the five days to 5,995.54. Both indexes notched their best week since November 2023. The Nasdaq jumped 5.7% during the week to 19,286.78. All three averages finished the week at record closing levels. All key S&P sectors ended in positive territory for the week, led by the discretionary sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded around 14.9. Read More

Further Healthy Consolidation at Work!

November 3rd 2024 |

Key Takeaways

  • Further (healthy) consolidation ahead
  • Positive outlook unchanged
  • New allocation in our WSC Sector Rotation Strategy

Market Review |

U.S. stocks finished a choppy week with a negative performance. The Dow Jones Industrial Average lost 0.2% over the week, to end at 42,052.19. The S&P 500 declined 1.4% from last week’s close to finish at 5,728.80. The Nasdaq closed at 18,239.92, posting 1.5% weekly loss. Nearly all key S&P sectors finished lower. The comm. services and the financials sectors were the only gainer, while utilities dragged the most. The Chicago Board Options Exchange Volatility Index, the gauge of S&P 500 options known as the VIX, ended at 21.9. Read More

Healthy Consolidation in Place!

October 27th 2024 |

Key Takeaways

  • Further consolidation possible
  • Positive outlook unchanged
  • New allocation in our WSC Model Portfolio Composite

Market Review |

U.S. averages finished the week with a mixed performance. The Dow Jones Industrial Average lost 2.7% over the week, to end at 42,114.40. The S&P 500 declined 1.0% from last week's close to finish at 5,808.12. Both the S&P 500 and Dow snapped a six-week winning streak. The Nasdaq closed at 18,518.61, posting a 0.2% weekly rise and its seventh weekly gain. Nearly all key S&P sectors finished lower. The discretionary sector was the only gainer, while materials dragged the most. The Chicago Board Options Exchange Volatility Index, the gauge of S&P 500 options known as the VIX, ended at 20.3. Read More

No Major Dealbreaker Visible

October 20th 2024 |

Key Takeaways

  • No major dealbreaker visible
  • New all-time highs in three model portfolios
  • Positive outlook unchanged

Market Review |

U.S. stocks finished another week with gains with the three major averages clinching their sixth straight positive week. The Dow Jones Industrial Average finished at a record of 43,275.91 and climbed 1.0% this week. The S&P 500 gained 0.9% over the same period and finished also at a record of 5,864.67. This week marked the longest string of weekly advances in 2024 for both the Dow and S&P 500. Closing at 18,489.55, the Nasdaq booked a 0.8% weekly rise. Most key S&P sectors ended in positive territory for the week, led by the utilities sector. The energy and the health care sectors were the only decliners. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dropped to 18. Read More

S&P 500 Market: Strong Uptrend Signals Positive Trend Quality

October 13th 2024 |

Key Takeaways

  • Still no major dealbreaker visible
  • New all-time highs in two model portfolios
  • Positive outlook unchanged

Market Review |

U.S. stocks rallied for another week, with two benchmarks scoring all-time closing highs. The Dow Jones Industrial Average posted a weekly increase of 1.2% to finish at a record of 42,863.86. The S&P 500 rose 1.1% for the five days to a record closing of 5,815.03. The Nasdaq added 1.1% during the week to 18,342.94. Among the key S&P sectors, the technology sector was the best weekly performer, while the utilities sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded around 20.5. Read More

Strong Uptrend Signals Positive Momentum

October 6th 2024 |

Key Takeaways

  • No major dealbreaker visible
  • New all-time highs in our model portfolios
  • Positive outlook unchanged

Market Review |

U.S. stocks finished the week with small gains. For the week, the Dow Jones Industrial Average eked out a small gain of 0.1% to notch an all-time closing high of 42,352.75. The S&P 500 finished at 5,751.07 and recorded a weekly gain of 0.2%. The Nasdaq posted a tiny weekly advance of 0.1% to end at 18,137.85. Among the key S&P sectors, the energy sector was the best weekly performer, while the staples sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded more than 9.5 percent lower, near 19.2. Read More

Market regimes remain attractive

September 29th 2024 |

Key Takeaways

  • Market Regimes remain favorable
  • Further confirmation for our positive outlook!
  • New all-time high in two of our Model Portfolios

Market Review |

The U.S. stock market finished another week with gains. For the week, the Dow Jones Industrial Average eked out a gain of 0.6% to close at 42,313.00. The blue-chip average posted a closing record and reached an all-time high during Friday's session. The S&P 500 also added 0.6% over the week to 5,738.17. The Nasdaq gained 1.0% over the past five days to 18,119.59. Among the key S&P sectors, the materials sector was the best weekly performer, while health care dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended at 17. Read More

No major dealbreaker visible!

September 22nd 2024 |

Key Takeaways

  • Market continued rally as expected!
  • Further confirmation for our positive outlook!
  • New all-time high in most of our Model Portfolios.

Market Review |

U.S. stocks finished the week with gains. Closing at a new record of 42,063.36, the Dow Jones Industrial Average ended the week higher by 1.6%. The S&P 500 booked a weekly gain of 1.4% and closed at 5,702.55, posting its fifth positive week over the past six weeks. The broad-index is up more than 19% in 2024. The Nasdaq finished at 17,948.32 and recorded a weekly gain 1.5%. Most key S&P sectors finished higher, led by the energy sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 16.2. Read More

S&P 500 recorded its best week of 2024!

September 16th 2024 |

Key Takeaways

  • Latest Pullback turned out to be limited in price and time – as expected!
  • New all-time high in our WSC Model Portfolio Composite
  • Further confirmation for our positive outlook!

Market Review |

U.S. stocks closed the week with strong gains. The Dow Jones Industrial Average added 2.6% over the week to end at 41,393.78. The S&P 500 jumped 4% for the week to close at 5,626.02. The Nasdaq rocketed 5.9% from last Friday’s close to finish at 17,683.98. Both the Nasdaq and the S&P 500 recorded their best week of 2024. Nearly all key S&P sectors ended in positive territory for the week, led by the technology sector. Energy was the only decliner. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dropped to 16.6. Read More

No need to panic right now as market internals still look robust for now

September 8th 2024 |

Key Takeaways

  • Sell-off based on singe heavy weighted tech stocks
  • Outlook remains positive
  • No need to panic, at least for now

Market Review |

U.S. stocks finished a rocky week with stronger losses. The Dow Jones Industrial Average slumped 2.9% over the week to 40,345.41. The S&P 500 closed at 5,408.42 and posted a 4.3% weekly loss. The Nasdaq plunged 5.8% this week to end at 16,690.83. Nearly all key S&P sectors were negative for the week, led by the technology sector. Staples and real estate were the only gainers. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, increased to 22.4. Read More

No major dealbreaker visible – at least for now!

September 1st 2024 |

Key Takeaways

  • Further confirmation for our positive outlook!
  • Seasonal headwinds possible but no major deal-breaker visible for now.
  • New all-time highs in two model-portfolios

Market Review |

U.S. averages finished the week with a mixed performance. The Dow Jones Industrial Average advanced 0.9% during the week to close at new record of 41,563.08. The S&P 500 eked out a small weekly gain of 0.2% and closed to 5,648.40. The Nasdaq dropped 0.9% this week and finished at 17,713.62. Among the key S&P sectors, the financial sector was the best weekly performer, while the technology sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 15. Read More

Quality of the current uptrend still looks exceptional strong for now!

August 25th 2024 |

Key Takeaways

  • Further confirmation for our positive outlook!
  • Seasonal headwinds possible but no major deal-breaker visible for now.
  • New all-time highs in two model-portfolios

Market Review |

U.S. stocks finished the week with solid gains. The Dow Jones Industrial Average finished at 41,175.08 and surged nearly 1.3% this week. The S&P 500 gained 1.5% over the same period and finished at 5,634.61. Closing at 17,877.79, the Nasdaq booked a 1.4% weekly rise. Nearly all key S&P sectors ended in positive territory for the week, led by the real estate sector. The energy sector was the only decliner. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 15.9. Read More

Further bottom confirmation after the capitulation from last week

August 18th 2024 |

Key Takeaways

  • Further bottom confirmation
  • Recovery rally part of new uptrend
  • Positive outlook remains unchanged

Market Review |

U.S. stocks finished the week with solid gains. The Dow Jones Industrial Average finished at 40,659.76 and rallied 2.9% this week. The S&P 500 jumped 3.9% over the same period and finished at 5,554.25, its best week since November 2023. Closing at 17,631.72, the Nasdaq rocketed 5.2% for the week. All key S&P sectors ended in positive territory for the week, led by the technology sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, plummeted to 14.8. Read More

Typical signs of capitulation visible

August 11th 2024 |

Key Takeaways

  • Stronger signs of capitulation last week
  • Downside potential looks quite capped
  • Positive outlook remains unchanged

Market Review |

All three major U.S. indexes finished the most volatile week of 2024 nearly unchanged after a strong rebound from Monday’s sell-off. After tumbling 1,000 points on Monday, the Dow Jones Industrial Average finally recovered and closed at 39,497.54, down 0.6% for the week. The S&P 500, which lost 3% on Monday, finally finished at 5,344.16 and ended the week down just 0.04%, nearly completely reversing its weekly losses. The Nasdaq declined 0.2% from last Friday's close and finished at 16,745.30. Among the key S&P sectors, the industrials sector was the best weekly performer, while the materials sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 20.3 on Friday, after reaching 38.6 on Monday. Read More

Stay calm at least for now as broad market still looks quite robust!

August 4th 2024 |

Key Takeaways

  • Positive outlook remains unchanged for now
  • Current decline still driven by profit taking
  • Further sentiment driven down testing possible

Market Review |

U.S. stocks finished a tough week in red. The Dow Jones Industrial Average declined 2.1% for the week to 39,737.26. The S&P 500 retreated 2% from last Friday's close to finish at 5,346.56. The Nasdaq posted a 3.4% loss for the week and finished at 16,776.16. The Nasdaq is the first of the three major benchmarks to enter correction territory, down more than 10% from its record high. The S&P 500 and Dow were 5.7% and 3.9% below their all-time highs, respectively. Among the key S&P sectors, the utilities sector was the best weekly performer, while the technology sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, jumped to 23.4. Read More

Consolidation period has started to have its designated impact on sentiment!

July 28th 2024 |

Key Takeaways

  • Our positive outlook remains unchanged
  • Consolidation period has started to have its designated impact on sentiment.
  • Consolidation into deeper July possible

Market Review |

U.S. stocks finished a volatile week with a mixed performance. The Dow Jones Industrial Average squeaked out a weekly gain of 0.8% to close at 40,589.34. The S&P 500 declined 0.8% during the week to end at 5,459.10. The Nasdaq lost 2.1% for the week to end at 17,357.88. Both indexes posted back-to-back weekly losses for the first time since April. Among the key S&P sectors, the utilities sector was the best weekly performer, while discretionary sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed at 16.4. Read More

No need to panic as markets just took a breather last week!

July 21st 2024 |

Key Takeaways

  • Our positive outlook remains unchanged
  • Sentiment looks a bit stretched at the moment
  • Consolidation into deeper July possible

Market Review |

U.S. averages finished the week with a mixed performance. The Dow Jones Industrial Average advanced 0.7% during the week to close at 40,287.53. The S&P 500 fell 2% from last Friday's close to 5,505.00. The Nasdaq slumped 3.7% this week and finished at 17,726.94. Both gauges marked their biggest weekly losses since April. The tech-heavy Nasdaq also snapped a six-week win streak. Among the key S&P sectors, the energy sector was the best weekly performer, while the technology sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 16.5. Read More

Further uptrend confirmation visible!

July 14th 2024 |

Key Takeaways

  • New all-time high in two Model Portfolios
  • Trend quality improved all across the board
  • Further confirmation for our positive outlook

Market Review |

U.S. stocks finished the week with solid gains. The Dow Jones Industrial Average finished at 40,000.90 and climbed 1.6% this week. During Friday's session, the 30-stock blue-chip index rose to a fresh all-time high of 40,257.24 The S&P 500 gained 0.9% over the same period and finished at 5,615.35. Closing at 18,398.45, the Nasdaq booked a 0.2% weekly rise, increasing a sixth straight week for its longest winning streak since December. Most key S&P sectors ended in positive territory for the week, led by the real estate sector. The comm. services sector was the only decliner. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dropped to 12.46. Read More

Trend quality showed signs of improvements albeit further confirmation needed

July 7th 2024 |

Key Takeaways

  • New all-time high in two Model Portfolios
  • We upgrade our strategic outlook to cautiously bullish
  • Short-term-oriented indicators critical to watch within the next couple of days

Market Review |

U.S. stocks ended the shortened trading week in the green, with two benchmarks posting fresh all-time highs on Friday. The Dow Jones Industrial Average posted a weekly increase of 0.7% to finish at 39,375.87. The S&P 500 climbed nearly 2% for the week to a record closing of 5,567.19. The Nasdaq rallied 3.5% during the week to 18,352.76, a record high as well. Among the key S&P sectors, the discretionary sector was the best weekly performer, while the energy sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 12.5. Read More

Consolidation in place as indicators remain supportive but not confirmative

June 30th 2024 |

Key Takeaways

  • Consolidation in place
  • We remain alert as negative divergence have not been sorted out so far
  • New allocation in our model portfolios
 

Market Review |

U.S. stocks ended the week nearly unchanged, pushing two major indexes to new record highs during the week. The Dow Jones Industrial Average closed at 39,118.86 and inched lower by less than 0.1% over the week. The S&P 500 also booked a 0.1% loss over the week to close at 5,460.48. The Nasdaq added 0.2% from last Friday's close, finishing at 17,732.6. Among the key S&P sectors, the energy sector was the best weekly performer, while the utilities and materials sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 12.4. Read More

Tilt between supportive and corrective remains narrow

June 23rd 2024 |

Key Takeaways

  • Trend is still mainly driven by large-cap mega tech stocks
  • We remain alert as negative divergence have not been sorted out so far
  • New record highs in two model portfolios

Market Review |

U.S. stocks finished the week with gains. Closing at 39,150.33, the Dow Jones Industrial Average rose 1.5% for the week, booking its best weekly performance since May. The S&P 500 recorded a weekly gain of 0.6% and closed at 5,464.62, notching an intraday record earlier in the week. The Nasdaq finished at 17,689.36 and eked out a tiny weekly gain less than 0.1%. Most key S&P sectors finished higher, led by the discretionary sector. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 13.2. Read More

Risk of a strong trend reversal has increased as the broad market is faltering

June 16th 2024 |

Key Takeaways

  • Short-term negative regime shift in the S&P 500
  • Good time to reconsider current risk positions
  • New record highs in two model portfolios

Market Review |

U.S. stocks ended the week mostly higher. The Dow Jones Industrial Average closed at 38,589.16 and finished the week nearly unchanged (-0.5%). The S&P 500 booked a 1.6% gain over the week to close at 5,431.60. The Nasdaq jumped 3.2% from last Friday's close, finishing at 17,688.88 and reaching a new all-time high. Among the key S&P sectors, the technology was the best weekly performer, while the energy sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 12.7. Read More

The air is getting thinner!

June 9th 2024 |

Key Takeaways

  • Positive outlook for now but the air is getting thinner
  • Stay alert as heavy-weighted stocks are driving gains while the broad market is lagging
  • Market still has a chance to overcome negative divergences

Market Review |

U.S. stocks finished the week with gains. Closing at 38,798.99, the Dow Jones Industrial Average rose 0.3% for the week. The S&P 500 booked a weekly gain of 1.3% and closed at 5,346.99, reaching an intraday all-time high on Friday. The Nasdaq finished at 17,133.13 and rocketed 2.4% this week. Among the key S&P sectors, the technology sector was the best weekly performer, while the utilities sector dragged the most. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 12.2. Read More