Many Sectors/Indexes Lag the S&P 500

Posted on July 15, 2019

    Market State 1- The S&P 500 is currently in Market State 1, meaning long-term, volatility, and short-term supply & demand indicators are positive.  85% of all new market highs occur while in Market State 1.  The Market State indicators are...

    Broad Participation Among US Stocks

    Posted on July 08, 2019

      I hope everyone had a wonderful July 4th weekend. Market State 1- Bullish: The S&P 500 remains in Market State 1 following a short week due to the 4th of July.  The index broke out above its overhead resistance.  At this point, it would not...

      US Dollar Showing Strength

      Posted on July 01, 2019

        Market State 1- Bullish: The US stock market, which we measure using the S&P 500, remains in Market State 1. Market State 1 is the first of the 5 bullish Market States. MS 1 can be prone to pullbacks, since most new highs occur in Market State 1. The...

        Market Highs, Breadth, and Style Leadership

        Posted on June 24, 2019

          Market State 1 (Bullish)- The current Market State, as measured by the S&P 500 remains bullish and at the upper end of its trading range.  The market has reached this relative level twice before, and it would not be unexpected to see a pullback from...

          All Securities Will Have Bull and Bear Markets

          Posted on June 17, 2019

            Market State 1 (Bullish)- The Market, as measured by the S&P 500 has now entered back into a Bullish Market State Environment. This comes after a Transitional Market State 6, which was caused by a spike in volatility (signaling a volatility alert). ...