Our 12/30 bond focused flash report stated: “On the front lines of this conflict, we’re closely monitoring the 10-year US Treasury Bond yield, where resistance stands firm at 4.7%. This level represents a key strategic position; a breach could signal a new offensive in the bear market for bonds. Simultaneously, we’re watching the iShares 20+ […]
The first week of 2025 is in the books with all our units moving on light volume, as our forces cautiously emerged from their New Year’s celebrations. The troops (iShares Russell 2000 ETF, IWM) led the charge, bouncing off of support to advance 0.92%, showing the same resilience they displayed during holiday leave. They were […]
In the Christmas-shortened week on Wall Street, the market’s volume was exceptionally light, reflecting the holiday lull. The SPY (SPDR S&P 500 ETF Trust), our primary battlefield indicator, demonstrated resilience by advancing 0.07% over the 3 ½ trading days. Despite the thin trading conditions, both S&P 500 Capital Weighted Volume and Dollar Volume exhibited bullish […]
What a thrilling week on Wall Street it was, I could hardly wait to unwrap this week’s data. As a 30+ year veteran of these market skirmishes, I’ve developed a sense for the ebb and flow of market combat. Yet, as any seasoned commander knows, intuition must be backed by hard intelligence – our market […]