Reports Library

The Value factor has lagged the Growth factor for the better part of two decades. That dynamic may be in the process of changing. Now is a time for investors to (finally) take a closer look at Value.

A stress test on semiconductor leadership shows SMH has slipped into a double-digit drawdown while Relative Trend Scores remain near maximum. Historical setups lean constructive over intermediate windows, but the AI-bubble backdrop and volatile maximum-loss tails argue for patience rather than confidence.

A positive reversal in the Leading Economic Indicators has typically been a favorable sign for both the economy and the stock market. But, some sectors more than others, one in particular. Details herein.

While six months of expansionary ISM PMI data suggests economic resilience, the Shiller PE ratio has breached the critical 40 threshold. Historically, this dot-com level of overvaluation triggers severe near-term market corrections.

While a strong Q2 and robust risk-on signals point to long-term equity upside, aggressive traders should watch GLD. Favorable seasonality and deeply oversold sentiment extremes create a powerful contrarian setup for gold over the summer.

The S&P 500 registered a strong 2nd quarter for 2026. Historically, this has been an important sign for stock investors. Details herein.

A trend-score model shows the S&P 500 Financial sector expanding in absolute strength and momentum, though relative leadership remains unconfirmed. Historical data suggests a patient, longer-term horizon is required before the group earns a major seat at the table.

Hedge funds are cutting bond exposure close to -40% while the Stock/Bond Ratio reverses from extreme highs. Historically, this contrarian setup fuels a multi-month Treasury (TLT) rally but signals near-term weakness for the S&P 500.

Investors need to be in a buying mood to sustain a bull market. To measure this mood, we track a variety of "risk on/risk off" indicators. Despite the seeming overextended nature of the stock market's recent advance, a surprising number of these indicators have recently flashed green. Details herein.