Serge Berger

The odds of this trading range in the Nasdaq 100 and S&P 500 breaking (in either direction) this coming week is higher than it has been for some time....stay vigilant

What do software and private equity stocks have on common? A lot...apparently... $BX $IGV

Probably the most important chart to understand:

International stocks via the VXUS etf are at a critical point versus the S&P 500...i.e. breaking a 13 year down-trend...

Emerging Markets $EEM is at a major inflection point. Watch this LIKE A HAWK

We've been talking about the bullish setup in FreeportMcMoRan (FCX) for several months...we now have confirmation...

Oil services stocks via the OIH ETF or at a critical juncture here that could set up for a multi quarter run to the upside. This is in part to the Venezuela situation…in part

Will commodities more broadly be the next major winner in the asset class inflation trade? We think it is likely...starting in 2026. Commodities would then follow stocks (broke out in 2023) and metals/miners (broke out in 2025)

Metals and mining stocks had a great move in 2025...is a broader commodity rally next?

Is Freeport-McMoRan (Ticker: FCX) setting up for a bullish breakout in 2026? Multi-year consolidation phase and an inverse head & shoulders pattern...not to mention the structural tailwinds for the company...

The whole energy sector is really coiling up here,..

Gold rallied first on a major breakout back in 2023/2024. Many commodities more broadly however are still in consolidation mode and could set up for a major breakout before long...something to watch for 2026

I reiterate this Monday morning that I have never seen this much consensus that we will have a q4 stock market rally. This does not mean it can't happen...it just means that if it doesn't it could lead to a pretty spicey tape

Here's your Monday morning bitcoin price action (-5%) to start the week. The question still begs whether the Nasdaq (blue line) and thus the S&P 500 see any further weakness in direction (lower) of bitcoin.

Long-time market participants know this

Today’s daily candle on QQQ is gnarly and likely not in significant

Did your favorite bitcoin clown on twitter/youtube/tv tell you to sell/short bitcoin in early Oct? Our TST Momentum Indicator did;

Lots of noise out there...my hunch is that this 100 year chart does not lie and that it gets very very difficult for the S&P 500 to go much higher from here on a multi-year time horizon

What do software stocks $IGV, financials $XLF, equal weight S&P 500 $RSP, high yield bonds $HYG, industrial stocks $XLI and many more have in common? See the chart: