Power Points

Timely and informative blogs, vlogs and reviews of current relative strength and weakness in the markets.

Macro Advisor

Weekly Macro Review April 21, 2024 Charts That Matter After ending last week with the 90% down day, we came into the week expecting an immanent bounce; then Monday was an 80% down day which raised the probability of a strong retracement within days, and nothing came. This was not

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Weekly Macro Review April 14, 2024 Charts That Matter The week ended with an exclamation point after the battle gave way to the sellers Wednesday and followed through Friday, solidifying the weekly follow through as well. The first Triple Play Chart is the weekly putting in red candles across the

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Weekly Macro Review April 7, 2024 Charts That Matter All three posted down weeks as the markets couldn’t muster a win to start the new quarter. It wasn’t a terrible week except for Thursday, but you can’t really say “except for” in this case. Often, days like that are very

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Weekly Macro Review March 31, 2024 Charts That Matter Markets put in another gain for the week to finish strong for the quarter. There was some early jockeying for position into the end of the quarter, but as the week progressed, buyers did too. You can see this easily by

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Weekly Macro Review March 24, 2024 Charts That Matter Last week I ended with the need to see some downside confirmation, especially in the $IWM evening start pattern that developed or the grind would likely continue higher. Well, the grind goes on. This week we see in the weekly chart,

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Weekly Macro Review March 16, 2024 Charts That Matter The majors ended the week with mixed messages again, indecision remains in the $SPY with the doji. $QQQ put in some downside continuation with a second week of higher volume and $IWM turned tail and put in a pretty clean Evening

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Weekly Macro Review March 10, 2024 Charts That Matter A week where the markets finally found some indecision based on the Doji in $IWM $SPY with $QQQ going a bit further biting into last week’s gains. The daily chart below shows early week selling which we have seen, but the

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Weekly Macro Review March 3, 2024 Charts That Matter This week the markets continued to outright ignore or even kick mud in the face of the seasonality we are supposed to be seeing right now which shows a level of buying power we don’t want to ignore. And, while this

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Weekly Macro Review February 25, 2024 Charts That Matter Markets were mixed again this week, but this time it was large caps $SPY $QQQ cranking out the gains led by the $NVDA earnings being received well. $IWM continued its bumpy ride as you can see in the chart below. I

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Weekly Macro Review February 18, 2024 Markets finally found some challenge this week, at least on the large cap side closing down, but still posted inside weeks for both the $SPY $QQQ. Small Caps went on their own and closed the week with a decent gain. Let’s jump in and

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Weekly Macro Review February 11, 2024 This week in the markets was more about continuation for most spaces than it was about rotation when looking at the sector level. The most notable action was in the Small Caps waking back up at an important juncture. Charts That Matter The weekly

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Triple Play Daily Chart

Weekly Macro Review February 4, 2024 Charts That Matter The Weekly Triple play chart shows the re-emerged bifurcation in the markets in January as large caps $SPY $QQQ continue to run while $IWM lags. The thing is, $IWM is still leading off the October lows even with the pause and

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Weekly Macro Review January 28, 2024 The expectations were low for this week coming off last week’s big OpEx with many expecting us to start a correction in earnest. That didn’t happen and all the majors gained on the week. Overall, you have to be impressed with the resilience here,

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Weekly Macro Review January 21, 2024 We are back!   After a long haul without charts, I have found a new programmer and we are back on track; and not a moment too soon by the look of the markets. We don’t just have our charts back, we are making

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Weekly Macro Review November 7, 2022 *Please note: charts are not currently rendering on the site. We are working with a new programmer to resolve, but it will take a bit for us to get them back populating. All of the data is updated daily and tables are accurate, just

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Power Sector Review May 17, 2022 Chart Highlights Some pressure coming off the markets as we head into Opex on Friday. Don’t know yet if it will amount to much, but for now we follow progress and see if it can build on itself.  Not a tome of movement in

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Weekly Macro Review May 16, 2022 Triple Play Review We have potential, but follow through is a must this week after the hammers closed on Friday. All three were negative on the week, but those candles put everyone on notice. That is all it is for now, notice. heads up,

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Mid-Week Macro May 12, 2022 I started writing this in the middle of the afternoon on Wednesday and decided it was worth waiting for the close and data that would come with it. It was a good thing because the markets closed on the opposite end of the daily range

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ETF Professional

Power Sector Review April 22, 2024 The Big Picture Markets saw another big down day on Monday and then a lot of back and forth, mostly down, until Friday where the Power Universe eked out a gain to end a pretty tough week overall. The week began with more indiscriminate

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Power Sector Review April 15, 2024 The Big Picture Weekly downside follow through was finally obtained by the sellers. Markets were wobbling some going into the week, but looked as if they were digesting it ok. This week we saw a one two punch on Wednesday and Friday gave the

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Power Sector Review April 8, 2024 The Big Picture Markets finally took some back this week with bearish engulfing patterns across the board. All were led by Thursday’s intraday rout. We discuss the big picture each week in the Weekly Macro Review. The weekly message is potential caution, but bears

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Power Sector Review April 1, 2024 The Big Picture The majors closed out the week, month and quarter with broad participation. $QQQ showing most of the weakness. After gapping down Monday, it never could recover like the other two. $IWM was strong on the week and closed strong Friday. This

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Triple Play Review March 30, 2024 Top-Down Video In this video we take a walk through 5 timeframes of our triple play charts coving $SPY $IWM and $QQQ https://youtu.be/2quPBAYe-J0 Quarterly 20 years Monthly 5 years Weekly 1 year Daily Year to Date 65 Minute March This gives a quick top

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Power Sector Review March 25, 2024 The Big Picture Markets moved up this week across all three with strong gains thwarting any follow through from last week’s potential bearish candle setups. Weekly’s are nearing overbought, but no sign of a turn just yet and daily’s are still in strong RSI

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Power Sector Review March 18, 2024 The Big Picture Another lively week as we went through the quad witching options expiration as well as some air coming out of Tech, and low and behold, the markets survived. They were down across the board with a decent amount of volatility. All

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Power Sector Review March 11, 2024 The Big Picture The week ended up with strong tails on the majors and not much in between. The $SPY put in a doji and $IWM was close enough for government work, while the $QQQ put in a bigger body, but did not engulf

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Power Sector Review March 4, 2024 The Big Picture Markets were all up for the week, but once again, it took some back and forth to get there. I mentioned in the Weekly Macro Review that these “mushy” RSI trends in $SPY and $QQQ can continue to grind while they

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Power Sector Review February 26, 2024 The Big Picture Both of the large caps, $SPY $QQQ snapped back this week with gains while $IWM gave up what it eked out at the end of last week. Not really damaging, but also not exciting. Large caps can keep moving higher or

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Power Sector Review February 19, 2024 The Big Picture The majors finally got challenged this week as we see above in the daily triple play chart. $IWM came out on top while $QQQ took the brunt of the week much of which was due to a very weak bounce off

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Power Sector Review February 12, 2024 The Big Picture The big three we follow in the triple play chart all put in strong weeks. Above, we show the daily version showing the $SPY and $QQQ are on fairly relentless trends. We all knew that coming in; however, this week was

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Power Sector Review February 5, 2024 Sector Highlights The majors that we follow in the Triple Play charts were mixed this week with the large cap $SPY and $QQQ pulling out a strong candle (thanks to a strong Friday) while $IWM back-peddled some with the FED narrative. Large Caps have

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Power Sector Review January 29, 2024 Sector Highlights The Major Indexes continued to chug along this week. $IWM led the charge with $QQQ leaving behind an ugly weekly candle, but still gained. The Weekly Macro Review covers this and more if you want to get up to speed before diving

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Power Sector Review January 22, 2024 Sector Highlights As the major indexes remain in RSI bull ranges with large cap indexes making new all time highs and $IWM retracing small amounts of the strong 4th quarter run (for more see Weekly Macro Review). At this point in the trend and

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ETF RS Movers May 15, 2022 Chart Highlights I have compiled a grouping of snapshots containing the ETFs that have moved the most RS points over the last week, up or down. These are compared versus their peers, so these represent the movers within each space. You will have to

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ETF RS Movers May 1, 2022 Chart Highlights I have compiled a grouping of snapshots containing the ETFs that have moved the most RS points over the last week, up or down. These are compared versus their piers, so these represent the movers within each space. You will have to

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Power ETF Setups March 21, 2022 Chart Reviews Below is a group of Sector ETF setups marked up charts where most of the information is displayed with short commentary Ticker: $LIT Lithium ETF is back up challenging a polarity level it has met a few times before on both sides.

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Elite Investors

Power Snapshots April 23, 2024 Let’s Start Here Power Snapshots will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly show where each segment stands on the long, intermediate and short-term views from breadth and momentum perspectives. Also, keep an eye

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Weekend Power Snapshots April 20, 2024 Let’s Start Here Weekend Power Snapshots compile the daily snapshots to show how the week progressed. It will be part of the elite memberships and sent out each weekend. These quickly show where each segment stands on the long, intermediate and short-term views from

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Power Snapshots April 19, 2024 Let’s Start Here Power Snapshots will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly show where each segment stands on the long, intermediate and short-term views from breadth and momentum perspectives. Also, keep an eye

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Power Snapshots April 17, 2024 Let’s Start Here Power Snapshots will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly show where each segment stands on the long, intermediate and short-term views from breadth and momentum perspectives. Also, keep an eye

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Power Snapshots April 12, 2024 Let’s Start Here Power Snapshots will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly show where each segment stands on the long, intermediate and short-term views from breadth and momentum perspectives. Also, keep an eye

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Weekend Power Snapshots April 13, 2024 Let’s Start Here Weekend Power Snapshots compile the daily snapshots to show how the week progressed. It will be part of the elite memberships and sent out each weekend. These quickly show where each segment stands on the long, intermediate and short-term views from

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Power Snapshots April 12, 2024 Let’s Start Here Power Snapshots will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly show where each segment stands on the long, intermediate and short-term views from breadth and momentum perspectives. Also, keep an eye

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Power Snapshots April 11, 2024 Let’s Start Here Power Snapshots will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly show where each segment stands on the long, intermediate and short-term views from breadth and momentum perspectives. Also, keep an eye

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Power Snapshots April 10, 2024 Let’s Start Here Power Snapshots will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly show where each segment stands on the long, intermediate and short-term views from breadth and momentum perspectives. Also, keep an eye

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Power Snapshots April 9, 2024 Let’s Start Here Power Snapshots will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly show where each segment stands on the long, intermediate and short-term views from breadth and momentum perspectives. Also, keep an eye

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Weekend Power Snapshots April 6, 2024 Let’s Start Here Weekend Power Snapshots compile the daily snapshots to show how the week progressed. It will be part of the elite memberships and sent out each weekend. These quickly show where each segment stands on the long, intermediate and short-term views from

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Power Snapshots April 5, 2024 Let’s Start Here Daily Power Snapshots are a new morning review of the sector and subsector data spreadsheets that we post from time to time. This will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly

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Power Snapshots April 3, 2024 Let’s Start Here Daily Power Snapshots are a new morning review of the sector and subsector data spreadsheets that we post from time to time. This will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly

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Power Snapshots April 2, 2024 Let’s Start Here Daily Power Snapshots are a new morning review of the sector and subsector data spreadsheets that we post from time to time. This will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly

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Weekend Power Snapshots March 29, 2024 Let’s Start Here Weekend Power Snapshots compile the daily snapshots to show how the week progressed. It will be part of the elite memberships and sent out each weekend. These quickly show where each segment stands on the long, intermediate and short-term views from

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Subsector Drilldown Biotechnology March 28, 2024 Biotechnology led off the lows in the fall and the took a break over the last month or two. I think it is time to start paying attention again as it starts to show some life again. Let’s see what we can find under

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Power Snapshots March 28, 2024 Let’s Start Here Daily Power Snapshots are a new morning review of the sector and subsector data spreadsheets that we post from time to time. This will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly

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Power Snapshots March 27, 2024 Let’s Start Here Daily Power Snapshots are a new morning review of the sector and subsector data spreadsheets that we post from time to time. This will be part of the elite memberships and will hit your inbox early for your daily preparation. These quickly

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