Insights

Activity was relatively low in our programs during the month of June as volatility slowed on both the intraday and daily timeframes. A small pullback was enough to get the Overnight Advantage program involved, but for the most part it seemed that the stock market corrected sideways and absorbed selling pressure. Lately we have discussed with clients the opportunity to time their investment...

As the market reaches highs, we are watching the cycle of action/reaction closely. May was an excellent month for trading as volatility rose and new highs were tested. Currently that price movement has come to a pause, and this is a potential point of rejection. Investors are bullish and...

The S&P continues to show strength and resilience, even after a healthy pullback during the month of April. The US dollar, Gold, and Bitcoin have all performed well over the past few months, which is notable since these markets tend to have lower correlation. Essentially, making money in the stock market has been...

The S&P continued higher in March, and since the end of the month has begun a more meaningful pullback. We note that small cap stocks as represented by the Russell 2000 index have significantly underperformed throughout the recent rally. Energy stocks have been remarkably resilient while Real Estate stocks have been hit hard...

The S&P continues in bullish territory despite some structural and fundamental weakness. We note that in the short term, the Nasdaq has dropped its leadership role and is beginning to underperform the S&P. It is too early to call a top, as momentum is clearly to the upside. Nonetheless we believe...

The Rally that would not die! We'll admit it, we didn't think it would last this long, and it has exceeded our price targets. Technology had led the way until only recently, and small cap. stocks are lagging. The markets continue to be led by a relatively small number of issues, which means that breadth is weak in this move.

A massive rally hit the equity indices shortly after reaching new multi-month lows. We have mentioned repeatedly our opinion that the indices, particularly the S&P, are in the middle of an extended sideways trading range.

Soaring Pelican is coming up on 13 years since inception. One fact that we live with every day is that our performance is dictated by the levels of volatility in the S&P. Since 2011 we have been swimming upstream...

It is said that the only free lunch in investing is diversification. Yet, an intriguing question persists: why do so many investors hesitate to diversify their portfolios with alternative investments?

We noted in our last communication that a number of technical factors would likely pressure the market lower. September prices did fall further, and now we see the market in a place of technical support.

We noted the potential of a sell off in August based on resistance levels from the strong negative trend which began in 2022. The resistance we marked on our charts did turn the market lower until support levels were hit. At this point participants are likely confused as to whether to buy the dip or sell the rally. Adding to the uncertainty is the US dollar staging a strong rally,

Since the early 80's rates have been in a long-term down trend that took yields from high teens to near zero levels by 2021. And holding bonds over this period of time then made sense and was a good idea. Fast-forward to 2023 and...