Hi friends,Navigating global markets in the last few weeks has been an interesting affair, to say the least. After the April tariff crash, popular large-cap indices across the globe have recovered back to or near old price Highs made back Feb/March, staging a mind-bending power rally rivaling 2023 Nov/Dec and

Hello friends,A lot has happened since my last market profile, and just like that one, this new one will be brief. Markets have first slid and then gapped-down in a moment where a need for de-risking met a market not at all priced for downside risk, followed by a violent and staggering

Hello friends,A few weeks have passed since my last report, but not terribly much has happened. Since about mid-March, a short-term bottom has manifested and US indices have been rallying, though feebly and without conviction. Take a peak at the volume profile of some of the popular averages (SPX, Nasdaq Comp),

Hello friends, Let's start this report with the usual high-altitude overview. US equities have, as a group, been stuck in a choppy sideways trading area. Here, as also seen in the recent past, indices driven by the glamour mega-cap blue-chips have outperformed and even slightly nicked New Highs a few