The bear market is here. Structural support has broken across all major indexes. Lee Adler’s Cycle Wave model confirms full-cycle alignment to the downside. The April 6 Technical Trader report lays out the timing, structure, and exposure strategy for c…
This isn’t a recap. The breakdown is still unfolding—and everything I’ve done this year has pointed to it. The March 31 Technical Trader laid out…
Wall Street tracked sentiment and flows. Liquidity Trader tracked the dealers—those who make the market. And the cracks are visible.
Primary Dealer leverage has broken above 120% of Treasury and MBS holdings. Dealers are long, underhedged, and overe…
Trump’s Liberation Day tariffs mark more than a policy shift—they redefine how capital interprets risk. The Norrholm panel explores what happens when markets stop pricing efficiency and start pricing intention. Tariffs are no longer tools—they’re frameworks. This isn’t just a trade realignment. It’s the emergence of a new allocative order.
It looked right. It sounded smart. It was 500 billion dollars off.
This is what happens when you let AI write your totals.
Confession + warning inside
How the smartest people in the room sold the world a beautiful lie They said artificial intelligence would change everything. Investors lined up. Journalists fell…
The market opened Q2 with a weak overnight session but has rallied into mid day. This report covers the S&P 500 rebound in context of…
March swing trades still closed with a +6% average gain, but last week’s failure triggered a full reset. Two new shorts survived the screen. This…
The tape tried to break — and failed. After a 125-point collapse at the open, the S&P 500 reversed sharply and never looked back. No…
The trend is still your friend—provided you don’t fight the tape. This is not another messy rotation or headline-driven chop. The market has confirmed a…