OK gang, we are firmly in an non-normal environment as the markup repricing of risk and future earnings expectations continues. Internals are mostly positive today, though I note we found preliminary resistance at...
Read MoreThe market has put in a mild pullback off its pre-market gap up near the June 11 swing highs. Semiconductors (SMH) are particularly weak (-2.34%), though the S&P 500 (SPY) has found support just above $94.60. Nevertheless,...
Read MoreInternals are strongly supportive today with upside alignment among all the non-price indicators that I track. Interestingly, the VIX is also higher, but it may just be resetting from the Friday/weekend decay phenom. It has been...
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