August 2025 Mid-Month Recap

The number of stocks rising lately has increased even though this year’s winners have taken a breather. A bull’s dream is for the broader market to keep trending higher as investors rotate like this underneath the surface.  Small caps and non-Mag 7 stocks have fully...

August 2025 Market Commentary

This earnings season (Q2) is still very young, but beat rates in both revenue and profits are well above average. Yet share-price reactions to earnings reports may be suggesting that the good news is already priced in – at least in the short-term. We are seeing quite...

July 2025 Mid-Month Recap

Market technicians view “golden crosses” as a bullish signal. A golden cross occurs when a stock’s (or an index’s) 50-day moving average crosses up through the 200-day moving average as both are rising.  Many stocks have golden crosses now because of steep price gains...

July 2025 Market Commentary

Since the stock market’s 18.9% pullback during the tariff-tantrum in early April, it has had one of the fastest rebounds on record. The S&P 500 is up more than 10% in Q2 (which includes ugly April).  The tech-heavy Nasdaq 100 is up about 18% and semis are up more...

June 2025 Mid-Month Recap

It is no surprise that as the stock market has rallied sharply off the April 8th low, sentiment improved. Is the move from extreme fear into greed territory a sign of complacency?  Let’s look at two popular sentiment indicators: First, the CNN Fear and Greed Index has...