April 2022 Update – Market Overview

May 1, 2022 11:15 am / Published in Market Update
Here is an update of my current view and some data I enjoy reviewing regularly. Key mayor index components reported last week. The SP500 had 5 negative consecutive weeks in a row. It closed the month at -8.8% and the year so far it is at -13.3% Tuesday: #GOOG #MSFT Wednesday: #FB Thursday: #AAPL #AMZN

SPX YTD

January 24, 2022 8:53 pm / Published in * Trade Alert
Relative to the SPY
The speed of the drop today was similar to March 2020. Here you can review the chart below. Clearly, I was not anticipating such a speed. After 4300 as taking brokers and FCM send messages increasing margin requirement for futures contracts. It seems this created a few margin calls and highly leveraged players were forced

New Year, New Allocation – 2022

January 5, 2022 10:21 am / Published in * Trade Alert
Market Rotation
We are at an important stock dispersion that is worth mentioning. Why trading long weaker sectors?

HAPPY HOLIDAYS: Update

December 23, 2021 11:19 am / Published in Market Update
Happy holidays and best wishes for 2022

US Equities sector Rotation

December 16, 2021 6:40 pm / Published in Market Update
For the last 24 hours, the SP500 when +1 to -1% however Key Sector ETFs that I track are advancing even though key components of the SP500 is taking the index lower. The chart shows SP500 is set to 0 and most of the ETFs show relative strength. #SP500 Relative Performance – This is sector

US debt limit increase

December 8, 2021 9:31 am / Published in NDX, SPX, USA, USD
roll of american dollar banknotes tightened with band
Last night Reuters had another update on the TOPIC. I want to stress its relevance because the market had to change its tone from being quite pessimistic to overly optimistic pushing the Nasdaq and SP500 much higher than what my models were anticipating. Stocks prices are moving on certain news and the article below talks