Table of Contents:
1) Budget deficits and massive corporate supply are making it much harder to jawbone the bond market.
2) Can the financial stock sector breakout & help push the broad market higher? Watch GS for clues.
3) Crude oil is on the cusp of breaking out…just as the situation in the Middle East is escalating again.
4) It’s still extremely important to watch the chip stocks closely. It’s still very reminiscent of 2000.
5) The hyperscalers are trying to breakout to the upside. Will they succeed?
6) Charts on the major indices…a different look.
7) The weakness over the past few weeks in the aerospace/defense sector has created a good opportunity.
8) When in the world did the precious metals lose their role as a hedge against inflation???
9) Potpourri…..The carry trade could be in big trouble.
10) Summary of our current stance.
