The Market Mosaic 11.26.23
Lots to be thankful for...
Welcome back to The Market Mosaic, where I gauge the stock market’s next move by looking at macro, technicals, and market internals. I’ll also highlight trade ideas using this analysis.
If you find this content helpful please hit that “like” button, share this post, and become a subscriber to this always free report if you haven’t already done so!
And be sure to check out Mosaic Chart Alerts. It’s a midweek update covering chart setups among long and short trade ideas in the stock market, along with levels I’m watching.
A Great Big Thank You!
I hope you are having a great Thanksgiving week if you’re in the U.S.!
No matter where you are in the world, I want to let you know how thankful I am to have you as a subscriber! Writing The Market Mosaic is a labor of love for me, and I appreciate the time you take out of your day to read my analysis on the stock market and economy. My goal is to objectively evaluate data and cut through the noise, while showing you how I select trade setups to navigate the stock market.
I also wanted to give a shoutout to a few others who have helped my own writing journey and inspired me along the way:
Thank you for your amazing content and analysis…give them a follow if you haven’t already!
I’ve been traveling this past week with my family, so I don’t have my usual update today. But I did want to share a curated list of recent posts and notes that are still relevant to what’s developing in the stock market.
Here are a few links for you to check out, along with a brief description:
The rally in the S&P 500 has erased the correction since July in just one month. Here are three catalysts that can keep the rally going.
The Thanksgiving holiday-shortened week also kicks off one of the most favorable seasonal stretches for the stock market.
Positive breadth divergences at the end of October hinted at this rally. Here are a couple breadth metrics to add to your arsenal.
Following divergences, breadth thrusts signal the arrival of institutional buyers. Here’s how to use breadth thrusts to confirm the rally.
Bullish conditions can emerge anytime, but the actual buy signal comes from price. Here’s how to tell the difference between the two.
IPO bases are firming up, which can result in powerful breakouts when risk-on sentiment returns. Here are a few in the semiconductor sector I’m tracking.
Is gold finally ready to breakout? After three years of testing the $2,000/oz level, here are signs that a big move is about to happen.
A falling dollar could define the capital markets next year. Here’s how I’m tracking the trend, and what it means for the stock market.
The movement in stock prices isn’t random. Prices evolve through stages, and here’s a simple technical analysis metric to track the phase.
For my latest trade ideas, check out Mosaic Chart Alerts.
That’s all for this week! Let’s finish the year strong, and start preparing for all of 2024’s opportunities.
Again, thank you for your support…it truly means a lot to me!
And if you find my content helpful and informative, I’d greatly appreciate it if you would share The Market Mosaic with your family, friends, and coworkers…or anyone that would benefit from an objective look at the stock market:
Disclaimer: these are not recommendations and just my thoughts and opinions…do your own due diligence! I may hold a position in the securities mentioned in this report.