I did 2 major interviews where I got to talk about a lot of different topics in depth. (links in the media section)  This Daily is a list with a summary of those talking points.  I would like to thank Maggie Lake and Ash Bennington of Real Vision for allowing me the generous amount of time.   1. Current Market Conditions:  I characterize the market as "sloppy," with mixed indices signaling potential consolidation or rollover.  I emphasize cautious stock selection, focusing on avoiding negative

The year 2018 marked a seismic shift when Wall Street kicked social media giants like Meta and Google out of the technology sector into a brand-new category called "Communication Services." This wasn't just accounting semantics—it created an entirely new investment opportunity that active traders have been capitalizing on ever since. The Communication Services Select Sector SPDR Fund (XLC) emerged from this reshuffling, giving traders direct access to streaming platforms, social networks, telecom companies, and digital

November has a very different tone to it than every other month has had since the April low. An easy way to see this is shown in the chart below, which has lines that mark the high and low of the first day of the month. Our discretionary trading members know this indicator as the Monthly Opening Range, and it can be very insightful when used correctly. There have been plenty of reasons for stocks

After a decent correction from the all-time highs in gold and silver, last week was the reentry point.  We tracked the gold to silver ratio for clues.  At the end of October, the ratio ran back up to 85.  Looking at September, that was a support and then a resistance area when the ratio dropped from under 85 to around 78.  That alerted us to think that with the rally in the ratio and the selloff in the metals, should

Most people think you need six figures and property management headaches for real estate wealth. What if you could own Manhattan office towers and California shopping centers for the price of a nice dinner? Welcome to real estate ETFs. The Real Estate Select Sector SPDR Fund (XLRE) puts institutional-quality real estate investing in your trading account, offering a way to capitalize on real estate trends without direct ownership hassles. XLRE ETF Structure and Real Estate

  This week's market commentary will be published tonight, but don't wait to review the Big View Bullets, Actionable Ideas, and Keith's Market Analysis below now. The commentary will cover: The broader earnings season results NASDAQ’s monthly winning streak – bullish or bearish? The monthly indicator to watch out for that’s better than fearing a streak may be too long The seasonal trends to expect in November Why the Chair Powell's comment that a December

"Intermediate and secular strength, with short-term caution — a bullish phase under pressure."  I started to write about the Retail sector through the eyes of our Granny Retail and the ETF XRT for some time now.  On the Daily chart, XRT broke down under the 50 DMA (blue) early October.  Here we are one month later, and despite QQQs and SPY having made new all-time highs mid-October, our Granny could not clear back over the 50-DMA.  We call that a warning

When the global economy sneezes, the materials sector catches a cold first. Materials companies sit at the foundation of everything we build and consume, making the Materials Select Sector SPDR Fund (XLB) one of the most economically sensitive ETFs—a powerful tool for traders who read economic tea leaves. XLB offers clear cyclical patterns, strong technical signals, and volatility that creates real profit opportunities when timed correctly. XLB ETF Overview: Understanding the Materials Sector Dynamics The

Two weeks ago, on Friday, October 10th, the S&P 500 (SPY) and Nasdaq 100 (QQQ) abruptly dropped from their all-time highs with a vengeance that is not normal. For veteran traders, this could have easily looked like the beginning of something big - and bearish. However, the very next day, it began a constructively bullish two-week pattern that led to last Friday’s breakout to new highs. The frustrated bearish investors refrain, “This market just won’t

I am a huge fan of Cathie Wood. I am also an ardent critic.  Why?  She does not use any type of risk management.  She has vision for sure, but just looking at the peak to trough and current levels:  ARKK peaked in 2021 at $160.  The trough was in October 2023 at $33.76.  Since then, the stock basically traded within a trading range from $40 to about $65.  This year, ARKK cleared the trading range, posting a recent high price

Warren Buffett buys companies so simple that even an idiot could run them. The same logic applies to consumer staples—essential products that survive recessions and crashes. The Consumer Staples Select Sector SPDR Fund (XLP) packages this defensive power into a tradeable instrument. For active traders, XLP is a strategic tool for portfolio hedging, sector rotation, and risk management that can enhance returns while reducing overall volatility. Understanding XLP ETF: Consumer Staples Sector Fundamentals The Consumer

Last Monday, the week began with a strong rebound from the prior Friday’s significant selloff, but Tuesday found itself testing the prior week’s lows within the first 30 minutes of trading. Fortunately, Tuesday’s AM weakness set up a reversal that led to a rebound that cemented the week’s low. The rebound continued to new weekly highs on Wednesday, but the strength quickly faded and tested the resolve of bullish traders as it slid to be

While many investors focus on semiconductors and AI or the growth sector, one of my Economic Economic Modern Family members has been busy.  IBB the ETF for Biotech, has made new multi-year highs.  We cannot say new all-time highs as that was made in 2021 during Covid.  However, we can discount that unusual time and safely say IBB is on a tear and could very well continue.  The Biotech sector is both a cyclical and non-cyclical sector.  Biotechnology is a diverse field that creates products and technologies for a

When the economy thrives, people splurge on cars, clothes, and vacations. When times get tough, they cut back on everything except basics. This behavior pattern creates predictable trading opportunities through the Consumer Discretionary Select Sector SPDR Fund (XLY). XLY offers traders a direct way to capitalize on consumer spending fluctuations across retail, entertainment, and luxury sectors, providing systematic entry and exit points for those who understand economic indicators and sentiment shifts. XLY ETF Trading Characteristics

If this is another TACO tariff power play, it’s a particularly spicy one. On the surface, Friday’s market selloff could be attributed to another 100% tariff threat. Or it could be a result of the market finally finding the straw that breaks the bulls’ back as the market focuses on data like the chart below, which does NOT factor in Friday’s new 100% increases on Chinese imports: Approximately 60% of government employees are not receiving