Reports Library

Knowing where not to allocate capital can help investors concentrate on areas that are more likely to generate positive returns. In this note, we highlight three areas that are facing low odds of outperformance in the months ahead.

Copper has reached a 252-day high without confirmation from its futures curve or the copper/gold ratio. Similar conditions produced weak near-term returns, but copper's relative weakness versus gold historically preceded much stronger performance over the following year.

The S&P 500 recently reached a record high alongside only two sectors: Industrials and Financials. Historically, this exact two-sector breadth signal is highly bullish, averaging over 11% returns one year later.

Debt, deficits, war, and energy prices are all meaningful factors impacting the stock market and the economy. Nevertheless, one measure of economic strength and its impact on the stock market just flashed an unabashedly favorable signal. Details herein.

A rare four-day reversal took the S&P 500 from a 21-day closing low to a 21-day closing high. Similar signals had uneven standalone results, but those occurring within 2% of a 52-week high were followed by stronger medium-term returns and substantially shallower average drawdowns.

Unfortunately, many traders and investors view every given indicator signal as a "Buy" or "Sell" signal. But the reality is that most indicator signals do not serve that purpose. Most often, they serve merely as weight of the evidence, and nothing more. Luckily, this can be extremely valuable in keeping individuals on the right side of the market. Three examples herein.

July 2026 marked SPY's worst July performance in a decade, closing with a microscopic 0.03% gain. While a systematic Bollinger Band squeeze setup identifies robust medium-term upside, short-term data warns of near-term turbulence

As the 10-year Treasury hits a 1-year high and utility stocks massively outperform tech, equities face a volatile crossroads. Despite near-term geopolitical headwinds, rare breadth signals point to robust long-term gains.

The Korean Stock Index (KOSPI) has plunged almost 40% in just over a month. Many traders are wondering if the worst is over and if a buying opportunity is at hand. Herein, we detail the latest action of three "panic" indicators to assess whether or not we have seen true capitulation.