Please join Donald Hagan, CFA, on Wednesday, July 10, 2019, at 4:15 PM EST, for the monthly Day Hagan Market Update Webinar. Don will be discussing his outlook for the global financial markets and the driving forces behind the U.S. economy.
Read MorePlease Art Huprich, CMT, on Tuesday, July 16, 2019, at 4:15 PM EST, for the monthly Day Hagan Technical Analysis Tuesday webinar. Art will be discussing the current technical condition of the equity markets (domestic, international and emerging) based on supply (selling pressure) and demand (buying interest) analysis.
Read MoreInternational and emerging markets are benefiting from a U.S. Dollar Index breakdown. The absolute and relative price trends of various international and emerging markets have stabilized and/or strengthened.
Read MoreAbove is the replay of the June 18, 2019 Day Hagan Technical Tuesday Webinar, with Art Huprich, CMT.
Read MoreAbove is the replay of the June 12, 2019 Day Hagan Market Update Webinar, with Donald Hagan, CFA.
Read MoreFollowing last week’s “weekly outside reversal” pattern, a critical layer of support was established by the S&P 500 between 2729 and 2722.
Read MoreThe Day Hagan Logix Tactical Dividend Strategy (DHLTD) outperformed both its Russell 1000 Value benchmark and the S&P 500 during a difficult month of May for the markets.
Read MoreWhile a near-term countertrend rally may occur at any time, until the short-term pattern of lower peaks and lower troughs is broken or buying intensity occurs, don’t be surprised by further downside probing.
Read MoreIf the performance divergence between the S&P 500, IEMG and EFA continues, it may have more negative consequence as we move closer to the second half of 2019.
Read MoreHow does Day Hagan “overweight statistical probability and underweight emotion?” Following intense selling pressure, strong demand, or buying intensity, is a key guidepost.
Read MoreThe significant cash holding currently in the DHLTD portfolio reflects what our objective, “weight-of-the-evidence” approach is telling us: our overall eligible universe of industries and equities is meaningfully overvalued, and while we believe our invested portfolio has compelling risk-return characteristics, not enough stocks meet our stringent criteria for purchase.
Read MoreThe probabilities suggest a short-term consolidation or pullback in the equity market should not be ruled out.
Read MoreThe MSCI EAFE Index chart caught my attention because it recorded a bullish upside breakout, is not overbought on a weekly basis, and, from a contrarian perspective, I have seen minimal discussion about it.
Read MoreThe Day Hagan Logix Tactical Dividend (DHLTD) strategy had a strong March, more than doubling the performance of the benchmark Russell 1000 Value index (+1.31%* vs. +0.64%) for the month.
Read MoreWith news of strong economic data coming out of China and the U.S., it appears confidence in the “economic growth narrative” is gaining traction. Consequently, a pro-cyclical rally is occurring.
Read MoreS&P 500 – The short-term trend remains up. The 50-DMA and the 2722 low represent key short-term support levels. Russell 2000 broke down on a short-term basis. This implies Wall Street may be becoming more risk averse.
Read MoreMean reversion is a theory used in finance that suggests that asset prices and historical returns eventually return to the long-run mean or average level of the entire data set.
Read MoreThe U.S. market is outperforming the rest of the world based on a long-term relative strength trend. However, some shorter-term relative strength trends favor overseas markets. We’re watching for longer-term signs of a shift toward international.
Read MoreAs we seek out early signs of spring, the Day Hagan Logix Tactical Dividend (DHLTD) strategy has delivered strong performance, returning +8.33% over the first two months of the year.
Read MoreWith the exception of sentiment (more below), and despite the huge rally since late December 2018, the underlying technical condition of the domestic equity market is getting better, not worse.
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