Bullish Consensus Builds as Cyclicals Break Out and Value Lags
Learnings and conclusions from this week’s charts:Sentiment is getting increasingly consensus bullish. $Cboe Volatility Index(VIX)$ & Credit Spreads are at complacent/confident levels.Transports, shipping stocks, EM, and metals are breaking out.Value is cheaper than usual vs history and vs growth stocks.Growth stocks are expensive vs history and vs value stocks.Overall, the mood remains distinctly bullish and increasingly so —and perhaps justifiably so as more evidence emerges in favor of a global growth reacceleration (and better performance from traditional cyclicals and risk-on assets). But with growth stocks already richly priced, and value still cheap, the next phase of the bull market might look a little unfamiliar to some…
🚀 Markets Defy the Drama: Why Stocks Are Skyrocketing Amid Epic Fed-Trump Showdown! 🔥
$S&P 500(.SPX)$$NASDAQ(.IXIC)$$Dow Jones(.DJI)$ Ever wondered why Wall Street is partying like it's 1999 while the Fed and Trump duke it out? 😎 Buckle up, folks—U.S. stocks are crushing it, ignoring the political fireworks and charging ahead like unstoppable bulls! Despite the intensifying clash where President Trump ramps up pressure on Fed Chair Jerome Powell, including threats of criminal probes, equities are bouncing back stronger than ever. Investors are treating this chaos as prime "buy-the-dip" territory, not a red flag to flee. 📈 Let's break it down: After a brief morning wobble on January 12, the major indices flipped the script. The Dow Jones Ind
Weekly: Fast Start to 2026 as Small Caps Surge & Metals Shine, Banking Earnings in Focus
Last Week's Recap1.The US Market - US Stock Show Fast WeekFast week:The major U.S. stock indexes produced gains of around 2.0% in the first full trading week of 2026. The $S&P 500(.SPX)$ and the $Dow Jones(.DJI)$ surpassed record highs set two weeks earlier, and the $NASDAQ(.IXIC)$ climbed to within 1.2% of its historic peak set more than two months ago. Small-cap surge: $iShares Russell 2000 ETF(IWM)$ jumped 4.6% for the week and nearly 14% over six weeks, hitting a record high and outperforming large-cap peers. Metals shine:Precious metals prices rebounded and extended rallies. Gold was trading above $4,520 per oun
US Indices Hit New Highs After Jobs Report; 7x Nasdaq DLCs in Focus
Wall Street ended higher on Friday as investors digested the December jobs report. Nonfarm payrolls increased by 50,000, missing expectations, while the unemployment rate edged down to 4.4%, signalling a steady but slow-growing labour market. The $S&P 500(.SPX)$ gained 0.6%, and the $Dow Jones(.DJI)$ rose 0.5%, both hitting new record highs. The $NASDAQ 100(NDX)$ advanced 1.02%, closing just below its October 29 record of 26,119, a key resistance level. A decisive break above this level could open the door for further upside momentum, while failure to clear it may trigger short-term consolidation. Chipmakers led gains, with
$S&P 500(.SPX)$ Primary | Wave 5 Termination?Friday’s new All-Time High likely completes the ABC structure for Wave 5, technically validating the termination of the 8-month impulsive sequence from the April low.While price can drift higher, I am braced for a reversal as $NASDAQ 100(NDX)$$iShares Russell 2000 ETF(IWM)$$Dow Jones(.DJI)$ all hold pending terminal wave structures. Tuesday's CPI aligns perfectly as the catalyst to trigger this move.Triggers: A break of 6880 (2/4 Trendline) warns the trend is over. - A Weekly Close < 6770 sends the mechanical sell signal (Loses 50-DMA + Inverts FVG). SPX Alternate | Dia
I’m still standing by the correction call I made back in December.The timing has been slow and honestly a bit frustrating. But the actual chart structure hasn't changed at all.If anything, it’s just taking the long way around.The technicals are clear:- $S&P 500(.SPX)$$iShares Russell 2000 ETF(IWM)$$Dow Jones(.DJI)$ are in 5th wave overshoots.- These look like ending diagonals- $NASDAQ 100(NDX)$ still hasn't confirmed the move.This isn't a breakout; it's a higher-degree peak forming in slow motion. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited tra
The U.S. stock market wrapped up the first full trading week of 2026 on a high note, with the S&P 500 clinching a fresh record close and solidifying a winning week. All major indices advanced, led by the $Dow Jones(.DJI)$ (+2.32%) and the $NASDAQ 100(NDX)$ (+2.22%), which outperformed the $S&P 500(.SPX)$ (+1.57%). This strong performance, particularly the Dow’s leadership, was consistent with the price action and technical analysis highlighted in this publication last week.Friday’s session was primarily driven by a mixed December employment report that investors ultimately interpreted as a signal of underlying economic resilience. Nonfarm payrolls increas