Weekly Briefings - The Forecast

Weekly Briefing 9/19/21

Major indexes peaked during the first week of September and have followed our forecast for greater declines than have been seen in prior months. However,

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Weekly Briefing 9/5/21

The market continues to grind higher in the wedge pattern shown above. A break of SPX 4,444 on a closing basis would indicate an intermediate

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Weekly Briefing 8/29/21

We do not expect SPY to break out above the upper trend line.  Instead, price should break below resulting in the largest correction since the

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Weekly Briefing 8/22/21

The Russell 2000, shown above, often signals impending trouble for the major indexes. The Russell rolled over in early July and has declined approximately 10%. 

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Weekly Briefing 8/15/21

Sentiment is likely to keep deteriorating over the next 2 months as the Delta variant peaks into late September. We forecasted the peak for energy

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Weekly Briefing 8/8/21

We forecasted a peak for most stocks near the end of the second quarter, June 30, 2021. We exited most long positions, including our heavily

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