Hello Everyone, I hope you all have had a nice weekend! Here's my comprehensive newsletter review of the markets, commodities, Bonds posted both as a Youtube Video (which I highly recommend as you can see what I'm pointing out. And our standard webpage format newsletter (contains the chart URLs)

Youtube Video of  the Weekend Newsletter November 5th, 2023   - watch in full 1080 resolution on tablet or desktop NOT your phone

PLEASE leave a like and comment, helps the Youtube Algorithm to get out stuff more visible - I appreciate the support!

Weekend Newsletter November 5th, 2023 standard Webpage Format   - contains all the dynamic chart links

The market hard a gargantuan rally last week rallying every single day and gapping strongly higher on 4 of those days!!  For the week, the SPX gained 5.85%, Nasdaq pushed higher +6.6%, the Dow Jones added +5.1%, and the Russell 2000 gained 7.6%!  Huge gains across the 21 sectors that we follow, with every single oine of them up with Homebuilders and Banks gaining 12.8% and 11.1% respectively. The US Dollar lost -1.2% for the week, and the 10-Year yield lost 5.9% for the week. The market came into the week coming off an extremely oversold condition, and along with bearish sentiment, CTA's needing to reposition, and QRA from Fed Yellen, the markets had the spark for a huge rally. In fact we have a confirmed Breadth Thrust move. 

This rally has nothing to do with great earnings - it's ALL about liquidity/positioning, see following URL/video

https://www.cnbc.com/video/2023/11/01/buy-all-assets-after-treasury-increases-size-of-auctions-damped-spring-advisorsa-constan.html 

Matt