Global Markets – Weekly Review

Stocks moving towards a climax — are we there yet?

100+ Charts & Commentary on all major Markets — for your weekend reading.

“Don’t start the week without it”

Stocks moving towards a climax — are we there yet?

Looking through the evidence…

---

KEY TOPICS COVERED

One month ago:

In today’s report:

Stocks moving towards a climax — are we there yet?

• Challenging every consensus view out there: “You ain't seen nothing yet”. Strap yourself in…

• If we look in the right places, you can see a turning point in sentiment — but it’s NOT what everyone is thinking…

• What’s the path of *maximum* pain? (continued)

• As always: focus on what stocks are doing — and let the *market* tell you what’s next.

• Updating signals for a *turning point*: what I’m watching closely to reduce exposure for the first time in this rally. One step ahead of the crowd, but not more than one step.

• Adding scans & updating targets: assessing (1) model signals, (2) market behavior, (3) individual stocks.

• Scanning for weakness / SHORTS…

METALS — A classic extension unfolding?

FX & RATES — Big macro shift potential (continued).

• Dollar: a major opportunity — watching closely. (*Trend picture coming together.)

• Bonds moving “on schedule” — another BIG inflection point?

---

Open Portfolio & Updated Plan

Emphasizing: an open mind could be the difference between a great summer and an average one. It’s a strong year and I intend to keep pushing — eyes on the next big move.