The July 2022 Newsletter and TS Model portfolio report have been posted
These are the first three pages of the 24-page July 2022 newsletter
Topics in this month's research report are Commodities: Dominance continues. International Equities: A lot of negatives this month. U.S. & Canadian Equities: Near corrective lows. Breakouts!: We found two equities (that's all) that are making new highs.
The analysis covers the surging strength of commodities and what that performance means to the bull market, how deflationary assets are gaining strength against inflationary assets, the near-term, the target for WTI, the outlook for gasoline prices, gold loses its luster with the surging US dollar and T-bond yields, global equity index continues to roll over, the top-performing world equity indexes over the last 90 days, UK's FTSE 100 is the only index to get the "thumbs-up", Mexico's Bolsa heads downward and Australia's ASX violates a multi-month trend.
The newsletter highlights some positive market elements for the S&P 500 (its not all bad news), institutional investors are coming back, fear is easing for the retail investor, inflation models for the US and Canada show the first signs of easing, the best-performing equity index, the primary trend is still up for NYSE, S&P, Dow and TSX, and sector strength shows where the money is going.
For the full 24-page newsletter and the July TS Model Portfolio reports, go to www.technicalspeculator.com, log in and follow the links.