Author: Neeraj Khanna

US Focus Long

Posted on by Neeraj Khanna

The U.S. market shifted into a Rally Attempt this week. The S&P 500 and Nasdaq are both now five days off their most recent bottom, however, a rotation out of Technology has weighed on the Nasdaq. The S&P 500 and Russell are benefitting from the surge in Financials and now, once again, testing resistance near all-time highs. We are looking for a breakout above 2180 on the S&P 500 as well as new quality leadership ideas to take the place of long term large cap Technology winners. This would be enough to shift the market back into a Confirmed Uptrend.

US Focus Long

Posted on by Neeraj Khanna

The U.S. market shifted into a Rally Attempt this week. The S&P 500 and Nasdaq are
both now five days off their most recent bottom, however, a rotation out of Technology has
weighed on the Nasdaq. The S&P 500 and Russell are benefitting from the surge in Financials
and now, once again, testing resistance near all-time highs. We are looking for a breakout
above 2180 on the S&P 500 as well as new quality leadership ideas to take the place of long
term large cap Technology winners. This would be enough to shift the market back into a
Confirmed Uptrend.

Global Focus Emerging Long

Posted on by Neeraj Khanna

Mainland Chinese markets moved higher for another consecutive
week – the second for the Shenzhen and the fifth for the Shanghai.
Volume for the week was the highest in five weeks, helped by
strong Singles Day sales results on Friday. Furthermore, weekly
volume since mid-October has remained above the 52-week
average providing signs of solid accumulation. Despite this,
a surge in volumes has yet to occur, as average volume has
declined on a weekly relative basis since mid-2015. Nonetheless,
markets could drift 5-7% higher before January resistance is
met.