February 1, 2024: The Technical Speculator Newsletter has now been posted
These pages are the first three pages of the 26-page February newsletter
Topics in this month's research report are: Strategy: Late market cycle expansion. Commodities: Weakness continues into Q1. International Equities: Still trending up. U.S. & Canadian Equities: Improving economics, market conditions.
In the Strategy section, we review the sectors that are performing best at this stage of the business cycle, we look at the connection between the S&P 500 and the US dollar and outline our strategy for the equity market going into mid-year.
Commodity indexes are continuing to track the US 10yy, precious metals are the top performing commodity group over the last 90 days. WTI's stable rise with conflict in the Middle East and abundant supply.
The global equity market remains in a primary upward trend, India's BSE index sits at the top of the world performance, China and Hong Kong continue declining.
Breakouts continue for the S&P 500, Dow, NYSE, Nasdaq and the TSX expected into late Q1.
Go to www.technicalspeculator.com, login and follow the links to the February newsletter.