After several weeks of allowing the reserves to lead, the generals resumed control this past week. The Invesco QQQ Trust (QQQ) advanced 3.16%, rallying up the SPDR S&P 500 ETF (SPY) to close up 0.80%. Although our high-ranking officers led a valiant charge, the lower echelons retreated. The infantry troops, represented by the iShares Russell […]
Thanksgiving Battlefield Report In a shortened Thanksgiving week skirmish, the Troops led a minor price advance, yet intelligence suggests ongoing distribution underneath the surface (see last week’s VAFU report). Here’s the tactical breakdown: Command Units: • SPDR S&P 500 ETF (SPY): Advanced 1.18% • Invesco QQQ Trust (QQQ): Lagging behind but gaining 0.78% Support Battalions: […]
And Then There Were None Part XI – “The Market Rallies as Dangers Potentially Lurk Beneath the Surface” This past week, the markets rallied back, nearing their election week closes with the Troops leading the charge once again. The Troops (iShares Russell 2000 ETF – IWM) finished the week up 4.80%, followed by our Brass […]
Operation Market Retreat: Post-Election Rally Faces Tactical Pullback This past week, the markets executed a strategic withdrawal from the post-election offensive, relinquishing a portion of their hard-fought gains. The frontline troops (small caps) and the generals (large tech), who had led the charge during the election week assault, suffered the heaviest casualties during this tactical […]
The troops, iShares Russell 2000 ETF (IWM), launched a massive offensive in an election fury last week, leading all markets in a decisive charge, advancing 8.72%. With relentless determination, they breached their 229 resistance stronghold and are now closing in on their all-time high fortifications near 245, established in November of 2021. The generals, Invesco […]
And Then There Were None Part X In a week reminiscent of Agatha Christie’s “And Then There Were None”, the market’s elite forces faced a strategic retreat. The generals, Invesco QQQ Trust (QQQ) led the charge downward, finishing the week with a -1.50% casualty rate, dragging down their comrades in the SPDR S&P 500 ETF […]
Although our forces executed a strategic withdrawal across all fronts last week, our supply lines demonstrated remarkable resilience. The theater of operations experienced a reverse echelon retreat, with the infantry units, iShares Russell 2000 ETF (IWM), suffering the heaviest casualties, falling back -3.03%, while the high command, Invesco QQQ Trust (QQQ), held their ground with […]
Troops Lead the Charge Led by the valiant troops, iShares Russell 2000 ETF (IWM), our market forces continued their broad advance this week, bolstered by reinforced supply lines (stronger volume and breadth). All major equity divisions reported gains, with the troops spearheading the offensive, up 1.96%. The brass commanders, Invesco S&P Equal Weight ETF (RSP), […]
And Then There Were None – A Cautious Advance The market’s generals Invesco QQQ Trust (QQQ) led another charge last week, but the advance appears to lack the thunderous support of heavy volume artillery. For the second consecutive week, the QQQ vanguard pushed forward, gaining 1.07%, with the capital weighted SPDR S&P 500 ETF (SPY) […]
In the theater of financial warfare, this week’s campaign was marked by a lull in both price and volume. The battlefield, despite the curious clamor of headlines, remained surprisingly dull from a volume analysis perspective. The generals, represented by the Invesco QQQ Trust (QQQ), seized command with a narrow victory, advancing a mere 0.12%. Their […]