Professional Edition

Cycles Point Higher, But Internals-Not So Much

Cycle structures now argue for the market to churn slightly higher over the short run, then to have one final burst going into a concurrent 6 month and 10-12 month cycle high around midyear or in the third quarter. But cyclical breadth momentum indicators say, “Not so fast!” Here’s what to look out for this…

Blow Out Withholding Tax Collections

Note: This report was originally posted in the wrong category on Wednesday. It is part of the Federal Revenues Pro Trader Service, not the Macro Liquidity service. I apologize for the error! An extraordinary surge in withholding tax collections in April shows that employers have become completely delusional since the ascension of Don Trump as head…

Rangebound Market But Upward Bias Still Intact

The SPX broke out of its short term downtrend channel on Monday. It then leapt across its thinned out trading range and stalled at the top of the range. How much upside is left, if any? Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf…

What To Do? Meat Grinder Market Denies Trading Profits

Chopping like this is a feature of rangebound, meat grinder markets, making them extremely difficult to trade on the basis of intermediate swings. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber? Try the Market Update Pro risk free for…