We're back on ...

Today's number is... 19

My RORO Risk Range Summary, which includes 19 Risk-On versus Risk-Off ratios, has shifted to slightly favor risk-off assets.

Here is the chart:

Consumer discretionary stocks have been the best stocks over the intermediate term.

The Discretionary Sector SPDR $XLY is leading all other sector indexes over the trailing three and six months.

When we dive...

The Mötley Crüe song title comes to mind: Same Ol' Situation. 

It's always the same questions. Every bull market.

How much higher can stocks possibly go? Was that last high the top? Why is the economy not as strong as the stock market...

We're in the 3rd year of a bull market and sector rotation continues to be a dominant theme that's driving stock prices higher, and probably more importantly, not allowing them to go lower.

Stocks making new lows is a big deal, and it's a...

Sector rotation continues to be a major driving factor in this market.

We talked about it earlier this week in our...

The market of stocks has been a chop fest for the past month, prompting me to keep a close eye on market internals.

While trends in the major indexes ...

We were super bullish on banks in the back half of last year.

They were the ultimate Trump trade ahead of the election.

The SPDR...

This chart, hands down, is one of my all time favorites. It tells the entire story.

Bond yields hit their first long term cycle bottom in the 1940s. Then we had the stagflation of the ’70s, followed by the blow off top in...