The Mars Market Update — Live Research

Last week equities broke impulsively lower as expected as rates pushed to new cycle highs. Global central banks continued to signal higher rates for longer, putting pressure on equities as we look for a hard test of equality targets and key 200 day sma support....

Last week, equities rallied correctively before reversing sharply lower on Friday. Bond markets remain under pressure as a stronger US$ coupled with higher energy prices warn of a potential stagflationary environment going forward - key risk to equity markets. Will...

Last week equity bears held the line at a key inflection point and reversed the prior week's gains to help set up more bearish potential. We remain bearish against these highs as we look for a wave (iii) or (c) decline as part of a larger degree equity market...

Last week, equities rallied more strongly than expected to reclaim the 50 day sma across the board. Our expectation was for a wave (c) rally but the recent strength opens the door to more bullish potential. The question is whether this rally is sustainable given the...

Global equity markets rebounded last week into overhead resistance as bonds held key swing support. This remains our key indicator - will rates break higher in a convincing wave (5) rally or will they pull back to continue a more complex wave (4) correction? Higher...

Last week, equities broke lower across the board as global rates continued to climb and pressure risk markets. The idea of higher rates for longer is putting pressure on long duration assets as investors continue to pare back positions given higher risk premia. The...

Equity markets continued to drift lower as rates rose and investors pared back risk in thin summer trading. The recent equity market decline appears corrective into initial support but we cannot discount the potential for a more bearish wave count. The US$ strength...

Global equity markets declined last week for what we expect to be a 4th wave correction within an ongoing bull market trend. The building momentum divergence across the primary equity indices warned of a near term top that saw downside follow through last week. Rates...

Last week, equities continued to grind marginally higher as traders digested stronger growth, declining inflation and continued central bank rate rises. While the rally is extended and we are starting to see inter-market and momentum divergence there is no strong...

Last week, equities consolidated recent gains as investors began to rotate out of big tech and into the broader industrials. The DJIA is at a key inflection and has enough waves in place to potentially complete an "ending" diagonal or break up and out of its recent...