Weekly 'Market Observations':

Markets continue their drift higher then sellers show some stronger convictions late this week. Follow the money as we expose clues to what is moving with the markets and those exceptions that are ignoring the market context.

Markets resume there Trends after a brief distraction from CPI data. Leaders show some consistency this week as other sectors pause. Lots of charts to help expose the higher odds leaders.

Markets react to news with a gap down on Monday that is quickly recovered in most sectors. We see a: lower high, lower low and lower close this week as compared to last week as the markets fail to move much so far this year. Leadership changes often with a few exceptions we can identify as they continue to deliver new all time highs this week.

Markets react to news out of China, comments from J Powell and key company Earnings this week with mixed reactions. We find clues from these reactions to help us 'Follow the Money'. Lots of sample charts to help expose behaviors.

Markets continued higher with less momentum and breadth this week and with some profit taking seen on Friday. Follow the leaders as we dig down through the Indexes, Sectors and Stocks.

We saw this week begin with a lower low and then deliver a higher high nearly each day this week. A strong rally week with improving breadth. Tracking Index and Sector strength to help identify high odds trades.

We saw confirmation again this week with both a Lower High and a Lower Low showing us who is in charge. Follow the money flow as money moves between Equities and Treasuries seeking greater returns.

We see more bearish confirmation this week as most markets deliver a small loss this week. Follow the leaders with the strongest stocks in the strongest sectors to improve your odds, even in a bearish context. As of the end of 2024 we present some additional charts to help identify the leaders.

The Nasdaq continued its rally on Monday, pauses on Tuesday then we see the largest down day all year on Wednesday after the Fed delivers a rate cut that everyone had expected. Emotional market reactions can provide opportunities for the agile. Lots of charts to help follow the money.

The Divergence we saw last week continued this week with the Nasdaq making new all time highs while most all other Indexes saw a decline this week. Changes in the breadth of this week's leadership are exposed as we 'Follow the Money'.

Markets changed leadership this week with significant strength seen in the charts. Plenty of new all time highs helping to expose strong sectors. Plenty of examples seen in the charts that help expose current strength.

We saw markets continue higher with multiple new all time highs on this shortened Holiday week. Strength continues to rotate between sectors and provide us with clues. Comparisons help to identify relative strength and weakness. Lots of charts and examples.

We saw markets pause then rally late this week to recover some of the prior week's decline. Comparing Indexes, Sectors and Stocks to identify the true leaders with highest odds opportunities. Lots of examples to learn from.

Markets continue higher at the open Monday then pause for a few days. Support is tested and breaks Thursday to be followed by strong selling on Friday. Follow the money to see where both strength and weakness can be found and where high odds opportunities may reside.

Markets continue lower Monday then change Trend on Tuesday (Election Day). Wednesday explodes higher with new record highs that continue the rest of the week. Follow the Money.

Markets continue to decline with mixed reactions to Earnings. Stronger Bearish opportunities than Bullish with examples. Follow the strength and weakness to find high odds opportunities.

Markets diverge as most Indexes and Sectors decline while the Nasdaq holds onto a small gain. We see how most of this divergence is due to one key stock. Follow the money as a few names make new all time highs while others see declines this week.

Markets continue higher as the Nasdaq slows and other Indexes, Sectors and Stocks deliver new all time highs. Follow the leadership for higher odds opportunities. Reactions to Earnings and other events.

Markets are tested then resume higher, lots of new all time highs. Changing character and leadership as compared to prior behavior. Earnings season begins with emotional reactions.

Market continue higher with more new all time highs then over react to events and pullback late this week. Watch as we follow the rotation of money out of some sectors and into others.

Markets pause as they wait for the Fed to announce its rate change, then we see Reactions and reactions to those reactions in the following 2 hours and following day. The lack of follow through exposes mostly short term participants this week. Friday's quad witching expiration is not a good time to see trends, as so many contracts and positions get resolved. Trends more likely will resume the following Monday.

Markets reversed and rallied this week, building breadth as the week progressed. The strongest stocks and sector are identified this week as Risk is back 'On'. Over-reactions to CPI data deliver a very wide range day Wednesday. Lots of charts to help follow the money.

The 2 weeks of divergent trends ends Tuesday with all Indexes and most all sectors moving together again, down. The Breadth of the selling widens and the depth of selling exceeds a 3 standard deviation move this week. Lots of clues seen on Tuesday as the selling began.

Markets diverge as money continues to rotate out of some sectors and into others. Come play 'Follow the Money' with us as we use the charts to indicate where the Dollars are flowing. Lots of new all time highs in some areas and declines in others.

Markets continue their rally at a slower pace with a warning signal 2 days before the sellers show up for one day of strong declines. Smaller gains with broader breadth this week. Lots of clues seen in the charts. Enjoy.

Markets pause Monday the resume their rally. Following the strongest names in the strongest sectors is again rewarding as a high odds strategy. Markets continue their 'Risk On' habits.

Markets see a large gap down Monday in reaction to Japan and Europe market drops then rally to recover that drop most of this week. We share methods to quickly identify leaders within a bearish market reaction. Follow the money flow.

We see mixed reactions to Earnings as Tech Selling continues and we see a big changes in Breadth and Velocity late this week. Fear grows and is reflected by where money flowed this week.

The Market Rotation we saw last week continued this week as money flowed out of big tech and into other sectors. Divergence is also seen in Earnings Reactions so far.

Markets decline with big tech in the lead as breadth changes mid week and selling broadens out. Follow the leaders as markets change daily.

Markets continue to rally but change leadership and breadth this week. Follow these changes with charts that show how the market character has changed. Enjoy.

Markets pause for a day then rally the rest of this week to new record highs, fueled mostly by a small group of key stocks. Other sectors decline this week as leadership rotates again.

Markets continue to rotate money between Sectors this week as we see mostly very small weekly changes in the major Indexes. We use charts to help 'Follow the Money' out of some sectors and into others.

Markets continue with narrow leadership for 2 days then change after Wednesday's Holiday to completely different leadership. Follow the money flow as Trend Change this week.

Narrow Leadership continued this week with a few big stocks delivering new all time highs and lifting the Nasdaq and S&P-500 to new all time highs while most stocks declined this week. Lots of clues exposed by a few leaders.

Narrow Leadership returns with a show of strength on Wednesday. Lots of clues showing why we saw new all time highs in the Nasdaq and S&P this week while most stocks and breadth indicators were down for the week.

The divergence continues between indexes as they flip their roles. Changes in leadership help identify both the leaders and laggards. Lots of charts to help keep relative moves in context.

Markets diverge with narrow leadership lifting the Nasdaq to new all time record highs while other markets decline. We use the charts to identify the narrow leadership.

Markets pause for Economic Reports, then resume their rally for two days. After making new record highs we see a slow drift lower Thursday and Friday. Lots of charts to show the changes in leadership this week.

Markets continue their rally, crossing above key moving averages and showing a change in breadth. Prior leaders step aside as some different leaders take their turn at delivering new highs. Lots of charts and clues to help follow the leaders.

Markets pause, decline then 'react' to the FOMC. April ends in a loss and May begins with a rally attempt. Watch the changes in leadership expose leaders and laggards.

Markets responded with a rally this week that was not as strong as last week's selling. Key areas of Resistance are identified to see if this rally continues or fails. Lots of charts to show the strongest leaders in the strongest sectors. Enjoy.

Markets saw stronger selling this week, the strongest down week in over a year for several major Indexes. We find the weakest sector and those stocks that led the decline this week. We also prepare for next week and several big tech names that report Earnings. Anything can happen, so we prepare accordingly. Enjoy.

Markets pause, attempt a failed rally then attract strong selling. A second week of decline and a day of very strong selling overpowers the few leaders. Lots of charts to study and L-earn from.

Markets pause and pull back a little with a small gap down without any follow through lower that is followed by a large gap up the next day and very strong selling the last 2 hours to new lows. Friday saw a partial recovery bounce. Markets remain over-reactive to news events. See how we follow the changes in leadership to find high odds trading opportunities.

We see quiet market this week with the Holiday on Friday. Most markets drift a little lower for two days then see a brief rally the last 30 min. on Wednesday and hold up Thursday with a last hour rally to new record highs in the S&P while the Nasdaq fails to rally and consolidates all week. We find out what is behind this divergent behavior this week as sectors rotate.

Markets pause until the Fed meeting minutes, then explode to new highs in reaction to no rate change. A gap to new all time highs is soon sold off as the markets return to their consolidation patterns. We follow the money and the strength.

The markets decline for a day then experience a failed rally that was followed by a decline the rest of this week. Narrow leadership tends to continue with some sector rotation this week. Finding and following the leaders delivers some significant opportunities for the bulls and the bears.

The markets pause, pull back a little then resume their rally to new record highs. A Reversal and strong selling followed. Narrow Leadership again drive most of the major Indexes. What clues do we see in the charts for what may be next?

Markets pause then resume their rally to new record highs. Tracking relative strength to be prepared for major break outs before they happen.

Markets pause, experience a strong one day selling event then try to resume their rally before ending the week with losses in most major Indexes. Finding the shift in leadership as several of the biggest stocks get sold off this week.

Markets pause then resume their rally to new record highs. Mixed reactions to Earnings continue as the Nasdaq resumes its leadership. Follow the money as we learn to put the odds in our favor.

Markets see mixed reactions to Earnings and News Events this week. Some reactions are quickly absorbed and trends resume. Lots of charts to help follow the changing Leadership.

Markets continue higher while some sectors change leadership. Examples of very strong positive Earnings reactions and very strong negative reactions. Preparing for big names that report Earnings next week.

Markets pause then resume there rally driven by 'Narrow' leadership to new all time highs. Identifying high odds opportunities with the strongest names in the strongest sectors. Lots of charts to learn from.

Markets show positive strength Monday that continues most of the week, slowing later in the week. Breadth continues to decline this week as narrow strength delivers most of the new highs. Follow the strength is key to improving our odds.

Markets change Trend to Bearish this week with a strong correction after a 9 week rally. Clues of relative strength identified within the correction.

Markets continue their rally then pull back the end of this week. Light Holiday volume adds some volatility for brief periods. Added charts to review 2023, identify relative strength for the year as well as during the past 2 months.

Markets continue to rally the first half of this week then experience brief periods of volatile selling to end this week with mixed reactions. Analysis to expose the changing leadership and relative strength.

Markets continue to drift higher slowly until the Fed Announcement came out that sparked the rocket fuel with a huge rally that continued early the next day. Huge breadth seen on only two days this week as markets got emotional briefly. Lots of clues as to the rotation of money into different sectors this week.

Markets pull back a little, have a gap up and failed rally then a gap up and rally. Signs of narrow breadth to this week's rally as the S&P-500 and DJIA deliver new 52 week highs while the Nasdaq fails to do the same. Finding strength within a mixed market.

Markets pause then briefly try a failed rally that is quickly sold off. The Rally resumes the last minuets of Thursday and most of Friday with much broader breadth on the first day of December. Clues from sector rotation.

Markets resume their rally, briefly, without follow through. Light Holiday volume and a lack of strong convictions deliver new 3-year lows for the VIX. No fear seen here.

Markets resume their rally after a brief pause. Finding clues from the exceptions and extremes in volatility and momentum as well as correlations seen in Breadth. Enjoy.

Markets continue their rally but on narrow breadth until Friday. Finding correlations between changes in Market Breadth and Indexes. Identifying leadership and high odds opportunities.

Market changed their Trend from Bearish to Bullish and deliver one of the strongest rallies this year this week. All sectors were positive this week. Finding relative strength and weakness when everything seems to be up. The nature of Confirmation of a change in Trend.

Markets resume their decline with a brief failed rally to encourage the Bears. Earnings have an impact on Stocks, sometime it is a brief one day impact, and other times it may persist. Market Context has an impact as well. Lots of Examples of both this week.

Markets pause Monday then continue higher Tuesday to see a failed rally. The next 3 days see strong & broad selling. VIX reaches new 6-month highs and 10 year Yields deliver new 16-year highs as Uncertainty continues.

Markets continue their rally for a few days then stall out and experience strong selling. Mixed signals between Indexes and within the Market Internals with elevated Volatility warnings on Friday.

Market saw a failed rally Monday, a correction mid week with a show of strength on Friday. We look at how Index 'Weighting' created Divergences this week. Finding clues from Index and Sector analysis.

Markets continue lower then find some Support mid week. A one day rally on Thursday is given back on Friday. Finding the leaders within the noise. Lots of bonus analysis this week with Sectors, Indexes, and weighting comparisons. VIX and VVIX abnormal behaviors identified.

Markets pause then roll over with accelerated selling Wednesday and Thursday, with increasing breadth. Monitoring reactions to News Events to gauge market reactions. Comparing strength and weakness.

Markets roll over and pull back with breadth this week. We find a few 'Outliers' that are ignoring the negative market context as they show strength. Lots of charts to learn from.

Markets change direction and rally with broader breadth this week. The 'RISK ON' theme is back as defensive sectors see money outflows as money flows into Tech, Energy and Semiconductors. Observing the '3-Wave' pattern and practical ways to trade it.

Markets split with some sectors and indexes declining this week while others rally. Multiple signs of narrow Leadership.

Markets continue their down-trend with increasing strength and breadth. Brief exceptions within a mostly Bearish context. The search for support continues.

Markets continue their down-trend with sector leadership providing high odds opportunities both for the Bulls and Bears. Putting the odds in your favor while being efficient with your limited time.

Markets pause their rally then see strong selling one day to change the trend. Breadth indicators show how most markets participated in the selling this week. Reactions to Earnings drive mixed markets and sectors. Narrow Leadership still matters.

Markets continue their rally but with some distractions along the way. Earnings reactions are mixed. Leadership works both ways and can be used to improve your odds.

Markets continue their rally then strong selling appears Thursday to break many Trends. Reactions to surprise News Events. Reactions to Earnings that can provide opportunities.

Markets see the Rally resume after a brief test of support. Explosive moves seen this week with over a 2 standard deviation move higher. Using the 'Expected Move' for pricing Risk and tracking its performance.

Markets changed from Bullish to Bearish this week as breadth sold with strength early on Thursday and late on Friday to end the week down in most Indexes and Sectors. Finding the rare Bullish opportunities this week.

Markets changed from Bearish to Bullish this week with a change in leadership as well. Multiple ways to identify relative strength and leadership. Not all trading opportunities are moving with their Sector or Index.

Markets changed to Bearish this week, with most sectors declining. Finding the exceptions and relative strength within a mostly bearish context.

The Markets resumed their Trends with broader breadth and stronger momentum this week. Following momentum and changes in Leadership to improve your odds by trading the strongest stocks in the strongest sectors.

The Markets show us both Broad Breadth on a few days and Narrow Breadth on other days this week. Finding correlations with Breadth charts, indexes and sectors to Identify the true Leaders. Clues from the Options market, extremes in Volatility SKEW and Volume.

Markets continue higher this week but with a change in Breadth. Changes in Leadership as prior laggards become big leaders for a day. Follow the flow of money out of some Sectors and into others.

Markets pause, drop for two days then a strong Rally is sparked Thursday and Friday with narrow Breadth. Divergences between Indexes, Sectors and Breadth Indicators show us the narrow strength on display this week. Options SKEW peaks.

Last week's divergence gets resolved this week. Markets accelerate and move beyond their 'Expected Move' this week. Following the strongest stocks in the strongest sector delivers high odds opportunities.

Markets diverge between major indexes, giving us clues along the way. Narrow Breadth to the Nasdaq rally this week is exposed. We look at why size matters. Lots of charts to expose narrow Leadership this week.

Markets delivered a mix of new highs, a strong decline and a strong rally this week. Finding clues from extremes in Sentiment indicators and changing leadership. Lots of charts to study and L-earn from.

Markets continue to pause within a range as Earnings news is met with mixed reactions. Extreme levels in Options SKEW and hints from the VVIX seen this week. Tips for finding the few 'outliers'.

Quiet markets react to Economic News and Earnings with volatile swings. The March rally tries to resume but with daily challenges. Following leadership and the Money as Sector In-Flows and Out-Flows change daily.

The rally late last week failed to continue this week, with failed rallies seen Monday and Tuesday that were followed by selling Wednesday and Thursday. Some exceptions stand out that can provide opportunities. Sector analysis helps focus our search for high odds trades.

Markets continued with a mild decline the first 2 days then Reversed with a strong rally the last 3 days this week. Multiple Breadth clues showed the momentum of the Buyers this week. Lots of clues from the charts to show strength and sector rotation as Q1 of 2023 came to an end.

Markets drifted higher the first half of this week until the Fed raised rates and made comments that triggered violent reactions. Volatility settled eventually on Friday to see the mild drift higher continue. Lots of clues from the charts of what stocks and sectors are seeing money flow out of or into this week.

Markets saw mixed reactions to elevated FEAR this week, some sectors up and some down as money seeked 'safety'. Lots of evidence in the charts to show major money flow this week.

Markets see another failed rally Monday followed by selling to lower lows. Selling climax in breadth and volume seen Thursday and Friday as a Bank failure and rumors feed FEAR of contagion. Lots of charts to see the impact of extremes seen this week.

Markets break below support to continue the decline this month. Only one positive sector this week while all others are down. Most big tech names are down with few exceptions. Some indications of the strongest selling in 2023 were seen this week.

Markets continue their Consolidation for another week. Finding clues to help identify strength, weakness or changes in Trend.

The rally last week did not continue this week as we saw two examples of 'Failed Rallies' that were followed by Lower Lows. Clues from the Options markets this week. Using the 'Expected Move' to see how well (or not) the Option Markets price Risk.

We saw the rally continue this week with a pause or minor correction seen on Monday and Friday. We saw more mixed reactions to Economic news and Earnings reports. We look at monthly charts and changes in leadership.

The rally from last Friday continued this week with strength shown on Monday and Thursday. Mixed reactions to Earnings, with some strong positive reactions to a few key BIG stocks. Finding strength and trading 'with' the Trend for improved overall odds.

The rally from last week ended with a strong selling day this week. After finding support we saw a strong rally on Friday. We look at Indexes and Sectors for clues of Strength and Weakness. Divergent clues from measures of Options Volatility last week were resolved this week. Lots of charts to help build your chart reading skills.

The rally we saw begin last Friday continued higher this week after a brief failure. Finding high odds trades with leading sectors. A Divergence forms with Options Volatility that could form a warning. Lots of charts to study and L-earn from.

Most indexes continue a little lower or pause for the Holiday week. We look back over 2022 to see what Indexes, Sectors and key Stocks did and what sectors lead during the mostly bearish year. Lots of extra charts to Identify market behaviors in the long term and short term. Extremes in Options markets this week and month.

Markets experience two failed rallies this week that deliver lower lows as the bears and breadth gain negative momentum. Earnings Reactions, Options 'Expected Move' and extreme moves greater than 2 standard deviations. Lots of clues that show us who is in control.

Volatility has returned to the markets this week with the largest price swings and VIX levels seen in years. We also saw a quick 14 minute flash crash on Monday when the Algos took over, leaving a mess the remaining 43 minutes of the session. In the damage, we compared and identified the stronger stocks that did well this week. We also look at an example of a bearish position.

Some volatility returns to the markets with a minor correction seen with plenty of marekt breadth. Some sectors and stocks gave back all of their 2018 gains, while others held on. Spotting relative strength and weakness even in a down week. The value of having and sticking to your plan seen at work this week.