For Review Stocks Bounce Off Hard Off The Lows Reclaiming Losses. Yesterday, stocks bounced hard off the lows reclaiming a chunk of earlier losses. But, as we will discuss, the 100-dma held firm as the stocks look to be trying to replay the March sell-off. This morning, futures are pointing sharply higher, suggesting the bulls are still roaming. The benefit of the doubt remains with the…RIASep 21 2021Technically Speaking: Stocks Bounce Off The Lows. Time To Buy? On Monday, stocks solidly cracked below the 50-dma, but the bounce off the lows has investors asking if it's "time to buy?" The sell-off was not unexpected. As I discussed in "Investors Fail To Buy The Dip:" "We can attribute the weakness on Friday to 'quadruple witching,' where every type of option (stock index futures, stock index options,…RIASep 21 2021Viking Analytics: Weekly Gamma Band Update 9/20/2021 We share the Weekly Gamma Bands Update by Viking Analytics. The report uses options gamma to help you better manage risk and your equity allocations. Gamma Band Update The S&P 500 (SPX) closed last week below the gamma flip level and with a negative slope, which resulted in a daily model allocation to 30% SPX…RIASep 20 2021Evergrande- Why Most Analysis Is Dead In The Water Evergrande- Why Most Analysis Is Dead In The Water There is a lot more to the failure of China’s Evergrande company than meets the eye. For the last year, China has been taking steps to curb speculation and promote economic productivity. At $16 billion, (China’s GDP) is no longer that far from that of the…RIASep 20 2021Expecting “Stimulus?” Household Credit Explodes Higher. In the second quarter, household credit exploded higher as stimulus payments ran dry. Was the surge a function of excess spending, inflation, or an expectation of more "stimmies" coming? The chart below shows the total amount of household credit currently. If you stare very hard, you can make out the slight dip in credit usage…RIASep 20 2021Markets Set To Drop As Fed “Taper” Approaches Markets are set to drop this morning as the Fed "taper" announcement approaches. Market bulls spent the better part of Friday trying to hold 50-dma but failed. At the time of this writing, futures are down sharply point to steep losses at the open. The sell off isn't a surprise, as we have noted previously,…RIASep 20 2021Investors Fail To “BTFD” As They Await Fed “Taper.” 09-17-21In this 09-17-21 issue of "'Investors Fail To BTFD As They Await Fed Taper." Investors Fail To BTFD The Slope Of Hope A Reason The Fed Can't Taper...Yet Portfolio Positioning Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Is It Time To Get Help With Your…RIASep 18 2021Investors Fail To “BTFD” As They Await Fed “Taper.”In this 09-17-21 issue of "'Investors Fail To BTFD As They Await Fed Taper." Investors Fail To BTFD The Slope Of Hope A Reason The Fed Can't Taper...Yet Portfolio Positioning Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Is It Time To Get Help With Your…RIASep 18 2021A Financial Crisis Is Brewing in China. Will It Spread?Evergrande, a Chinese company with over $300 billion in debt, is failing. Will it get bailed out, and if so how? While investors focus on the nuts and bolts of Evergrande, we sense a financial crisis of sorts is brewing in China. Given China is the world's second-largest economy and driver of global growth, our…RIASep 17 2021Technical Value Scorecard Report For The Week of 9-17-21Relative Value Graphs This week's results are interesting as the divergences between growth/low beta and value/cyclical sectors are not as evident as over the last few months. Transports are the most overbought sector, albeit not at a very high score. Energy has moved up as well. That said, materials and industrials, two other sectors affiliated…RIASep 17 2021#MacroView: Deficit Deniers & 40-Years Of Economic ErosionAfter 40-years of economic erosion, there are still deficit deniers. The belief that debt and deficits "don't matter" primarily stems from the basis the economy hasn't collapsed and become a historical equivalent of Weimer, Germany. However, the rather elementary view fails to distinguish that dropping a frog into boiling water or slowly bringing the water…RIASep 17 2021Investors Show Up To “BTFD.” Will It Stick?As we suspected investors showed up to BTFD but will it stick? At a mere 10 points above the 50 dma animal spirits were ignited yesterday. Does yesterday's bounce signal record highs are straight ahead or is it fools gold? At yesterday's close, the S&P was only 70 points below the recent all-time high of…RIASep 16 20215 ways to increase spending in retirementHere are five ways to increase spending in retirement. Throughout their lifetimes, many retirees experience 'portfolio withdrawal anxiety.' It makes sense. After an eternity of being an accumulator or saving for retirement, psychologically, it's a massive hurdle to begin and continue a withdrawal strategy, especially from portfolios comprised of variable investments like stocks. For those…RIASep 16 2021David Robertson: The Inelastic Market Hypothesis.What is the "Inelastic Market Hypothesis?" If you take a quick look at returns for the S&P 500 over the last few years, it is easy to be impressed with how lucrative stocks can be. Total returns above 31% in 2019, 18% in 2020, and 21% year-to-date (as of 8/31) can make a difference. Unfortunately,…RIASep 16 2021Should Investors “BTFD” The Crucial 50-DMA?Should investors "BTFD" with the market near the 50-day moving average (DMA)? As we wrote yesterday, the 50-dma has been a great level to buy the dip. Odds favor that to be the case this time, but will it? The S&P 500 50-DMA is currently at 4429 about 14 points below where it closed yesterday.…RIASep 15 2021The Fed Speaks Loudly And Carries a FeatherThe Fed Speaks Loudly And Carries a Feather "Speak softly and carry a big stick" President Theodore Roosevelt on foreign policy. In other words, let your actions, not your words set the tone. It appears the Fed may be taking the opposite tack. Many Fed members are vocal about tapering soon, but there is reason…RIASep 15 2021 .