Random Musings about the Current Market

The following were my opening comments in the Leavitt Brothers weekly report. Whatever the market’s ultimate plan is, all traders will be tested. No one will get a clear path to operate on. If the market ultimately goes up, there will be enough drops and enough sideways periods to cause doubt and discomfort among the […]

Lack of Big Up and Down Days are a Sign of a Strong Market

A point I’ve made dozens of times over the years is: The market moves up on low or declining volatility and down on high or increasing volatility. Volatility can be measured in several ways. Some use the VIX. There’s also meaning behind the put-call ratio. I prefer the average true range because it’s a simple […]

Can Semiconductors Lead the Market Higher?

Semiconductor stocks have lagged. In fact, it’s probably the top reason the market hasn’t been able to bust out and run. But, partially thanks to AI, several are much improved. Here are the best-acting and most tradable stocks from the group. The market may not run up, but there’s enough strength here to put a […]

The Internals Don’t Support a Move Higher

The market is doing moderately well. The S&P and Nas are near multimonth highs, and the Russell 2000 is basing. All are positioned to break out and attempt to run higher. But breadth is lagging. Participation lately has not kept up with the progress from the indexes. Let’s dig into the numbers. How many stocks […]

A Look at the World Indexes

Let’s take a look around the world. What’s leading? What’s lagging? What are the notable developments? A perspective I’m using is: In the US, the market topped in late 2021…bottomed in June and then in October 2022…and has generally been trending up since. With this in mind, we can note what’s outperforming and underperforming. Asia/Pacific […]

An Abundance of Trading Opportunities

2023 has gotten off to a fast start. The market is acting great and offering an abundance of trading opportunities. This is the best environment we’ve seen since August, and maybe the best in over a year. Take advantage. Here are many of the setups we profiled for our subscribers at Leavitt Brothers. Subscribe to […]

Chinese Stocks are Leading the Market

Chinese stocks are leading the market. They’ve been leading and continue to do great (most of them). We’ve profiled several of these at Leavitt Brothers the last month. December was not a great month for the overall market, but as the old saying goes, there’s a bull market somewhere. And for the last month, it’s […]