It was another positive week for US equities with the S&P 500 Index hitting new highs after a shaky start to the week. At the end of the week US equities closed ~1.4% higher than last week’s close: Relative to other major asset classes US Equities came in close to the top of the list: […]

US Equities continued their bullish climb over the past week and are still heading towards the 5200 level where we might expect to see a little resistance: In terms of relative strength VTI (representing US Equities) came in roughly the middle of the pack being outshone by Gold (GLD) and US Real Estate (VNQ): Unfortunately […]

US Equities continue their climb towards the 5200 level but slowed down a little this week as they approach this potential resistance level: In fact, VTI (representing the US Equity markets) closed down slightly (~-0.2%) on the week and was the poorest performing ETF in the major asset class list: The rotation algorithm being used […]

US Equities finally poked their head above the ~5200 resistance level where they have been sitting for the past couple of weeks: now we wait to see whether we get a continuation of the bullish trend or a pullback to at least the bottom of the channel (that would probably be healthy). In terms of […]

US Markets started the week slowly with a small pullback at the beginning of the week but finished the holiday-shortened week with a recovery and closing about 0.25% higher than last week’s close: However, we are still hovering at that 5200-5220 level that is providing some resistance to possible moves higher – at least in […]

Comments made by members of the Fed regarding the possibility that there may be no interest rate cuts this year scared the US equity markets on Thursday and, although they recovered slightly on Friday, markets closed the week ~1% lower from last week’s close: That 5200-5220 resistance area that I have been highlighting for the […]

US Equities got slapped around a little this week and closed the week ~1.6% lower than last week’s close: We are now sitting at the bottom of the bullish trend channel that started last November and we wait to see whether this might be a good entry point if we should bounce from here and […]