In this week's episode, David and Ian discuss the continued chop fest, how the Magnificent Seven is a red flag, although at the same time Financials and Transportation stocks look good, which aids the bullish thesis that this consolidation resolves in the direction of the primary trend. They also discuss if the mega cap tech and Magnificent Seven era is over, what is going on with Consumer Staples, Utilities, and is it interest rate or inflation driven. Other topics discussed are tangible assets, the U.S. Dollar, the SpaceX IPO, and the next generation of market technicians.

In this week's episode, David and Ian discuss the S&P 500 continuing to be rangebound, some of the potential concerns with price action of the Nasdaq, margin calls in South Korea, areas of the market holding up well and trying to go out to all time highs. They also discuss which commodities are doing well, especially with the strong U.S. Dollar, international leaders year-to-date, long-term treasuries and interest rates.

In this week's episode, David and Ian discuss the current consolidation, what they are seeing out of financials, specifically banks, European financials, industrials, small cap areas of the market, like biotech, and improved breadth.

In this week's episode, David and Ian discuss the the recent rise in the U.S. Dollar and how that is interesting when paired with Emerging Markets and Small Caps outperformance. They also discuss the current range the S&P 500 has been in since May, the failed breakout in long-term interest rates, market breadth, and thinking in terms of percentages rather than nominal dollar values.

In this week's episode, Ian and Kevin discuss the SpaceX IPO and treatment from major indices and the tough week for cryptocurrencies and commodities. They also discuss the lackluster market breadth and the continued thin market and the strong move from the U.S. Dollar.

In this week's episode, David Zarling, Ian McMillan, and Kevin Firari discuss Nvidia performance versus Semiconductors and the broad market as a whole, areas of the market that are underperforming, equal weight S&P 500 (RSP) out to all time highs, recent AAII survey results, interesting names within the Nasdaq that are performing well, fixed income, and potential rate hikes.

In Episode 299, David Zarling and Ian McMillan break down a market that remains heavily driven by semiconductors, with tech and energy the only sectors above their relative 200-day lines versus the S&P 500. They discuss the dominance of AI-related leadership, emerging markets’ semiconductor exposure, Apple’s relative strength, and whether software could benefit from a rotation if AI enthusiasm broadens. The conversation also weighs growing warning signs beneath the surface, including weak breadth, rising rates, struggling financials and homebuilders, and the possibility that the market is either setting up for rotation or becoming increasingly vulnerable after a narrow advance.