The December 2024 Technical Speculator Newsletter has now been posted.This report is the first three pages of the 25 page December newsletter. Topics in this month's research report are: Commodities: GTX following inflation, yields. International Equities: Without the SPX, markets look weak. U.S. & Canadian Equities: New highs and overbought. Breakouts! Six new stocks that are set move higher. The commodity section looks at the tight correlation between the S&P Commodity Index, US 10-year T-bond yields and the Fed's rate cycle, the outlook for WTI in Q1, gold's new target and the trading direction of the US dollar. In International Equities, we highlight the alarming difference between the Dow Jones Global Index and the MS World (ex US) Index, The TSX posts the best 90-day performance among world indexes, for the second time, Asian markets begin to weaken, Mexico's Bolsa Index weakens heading into Q1 and Australia's ASX marks another all-time high. In the US, sentiment indicators turn toward greed, the Canadian dollar breaks out. new highs for the NYSE, S&P 500, Dow, Nasdaq and the TSX, and sector strength highlights financials. For the full 25 page research report, go to www.technicalspeculator.com, log-in and follow the links. Enjoy. |