Notable RSI Divergences
Today’s post will focus on relative strength index (RSI) bullish divergences. First up is the Magnificent 7 (MAGS) vs. S&P 500 (SPY) price ratio. Despite the ratio forming a new
Continue readingCan’t Beat Emerging Markets
US largecaps, smallcaps, international, crypto, you name it. The asset class is +10% year-to-date and displays no sign of letting up. The perfect storm of tailwinds persists. Low valuations, high
Continue readingChina A-Shares – Quietly Winning
If you’re investing in China equities, the A-shares are holding up quite well compared to other China indices. ASHR tracks the CSI 300 Index, which holds the largest companies trading
Continue readingFear is Priced In – Is a Bottom Taking Shape?
Equity markets have endured a punishing stretch. The S&P 500 has sold off sharply from its highs, sentiment has deteriorated, and the macro backdrop, to put it mildly, remains unsettled.
Continue readingCorrective Washout – Improving Breadth
It’s no secret that US stock market breadth has narrowed in recent weeks. However, the nature of this weakness in breadth is more consistent with a corrective washout than the
Continue readingThe AI Race: GOOGL Or NVDA?
It has been nearly 20 years since Wei Xu and John McConnell published the influential paper, Equity Returns at the Turn of the Month (July 2006). These researchers boldly claimed,
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