Mike Wilson and David Kostin

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Morgan Stanley’s Mike Wilson

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Value Line Geometric Index 4% Buy Signal: Zweig’s 4% Model Indicator Buy Signal – Actually, developed by Ned Davis based on the Value Line Composite Index. Using $VALUG weekly low of 484.41 from 10/13, this week’s close of 514.90 is 6.3% higher, so this confirms our 10/4 MACD Seasonal Buy sig…[Read more]

Warren Buffett Newsletter rom 1997:

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J.P. Morgan: Inflation set to decline into 2023

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Wells Fargo on Holiday Sales

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No rally without rates coming down

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Morgan Stanley’s Mike Wilson: rally underway…

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Today’s was just the 5th time in SPY’s history (since ’93) that it closed higher by at least 2% after opening down at least 2%.

SPY fell the next day 3 of 4 times, but it was up over the next week and month all 4 times.

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Only 1 worse reading for the McClellan Summation Index since 2008, and that was at the Covid lows $NYSI

I don’t know folks, but if you don’t think this is deep value…

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J.P. Morgan’s Kolanovic

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