Market Performance Framework

1. Market Overview:

   • The trade ranges speak for themselves on all the indexes. We’re in a side-ways or choppy arena for movement. Since markets tend to go higher, this a fantastic time for Dollar-Cost-Averaging into a retirement account. Sideways action is tough on trading.

2. Key Focus Area:

   • The DOW Jones seems to be the strongest, considering the past rolling 1 month return. If it’s really the strong long-term is still yet to be seen.

3. Current Outlook and Indicators:

   • Side-ways and chop, it’s what we can expect at least for the rest of February. March and April have a chance to show us a direction. I’d love one-direction.

4. Long-Term View:

   • Long-term we should still get a tax cut. We should see unemployment rise. We should see smaller-government. We should see a mini-recession before a boom.

Volatility Corner Framework

1. Indicator Update:

   • The overall Market Turbulence Indicator is side ways. Things don’t have a clear direction. Which is good for things breakout and bad for things breaking down. Momentum can run in a variety of different ways.

MACRO INDICATOR:

New Highs $5-$20:

1. BB - BlackBerry Ltd - Technology - Canada 🇨🇦

2. ORLA - Orla Mining Ltd - Basic Materials - Canada 🇨🇦

3. MBI - MBIA Inc - Financial - USA 🇺🇸

4. ADTN - ADTRAN Holdings Inc - Technology - USA 🇺🇸

5. KGC - Kinross Gold Corp - Basic Materials - Canada 🇨🇦

6. EZPW - EZCorp, Inc - Financial - USA 🇺🇸

7. XPEV - XPeng Inc ADR - Consumer Cyclical - China 🇨🇳

8. WEAV - Weave Communications Inc - Healthcare - USA 🇺🇸

9. CNTA - Centessa Pharmaceuticals plc ADR - Healthcare - United Kingdom 🇬🇧

10. TVTX - Travere Therapeutics Inc - Healthcare - USA 🇺🇸

BB - BlackBerry Ltd - Technology - Canada 🇨🇦

ORLA - Orla Mining Ltd - Basic Materials - Canada 🇨🇦

MBI - MBIA Inc - Financial - USA 🇺🇸

ADTN - ADTRAN Holdings Inc - Technology - USA 🇺🇸

KGC - Kinross Gold Corp - Basic Materials - Canada 🇨🇦

EZPW - EZCorp, Inc - Financial - USA 🇺🇸

XPEV - XPeng Inc ADR - Consumer Cyclical - China 🇨🇳

WEAV - Weave Communications Inc - Healthcare - USA 🇺🇸

CNTA - Centessa Pharmaceuticals plc ADR - Healthcare - United Kingdom 🇬🇧

TVTX - Travere Therapeutics Inc - Healthcare - USA 🇺🇸

New Highs $20+:

1. META - Meta Platforms Inc - Communication Services - USA 🇺🇸

2. WMT - Walmart Inc - Consumer Defensive - USA 🇺🇸

3. JPM - JPMorgan Chase & Co - Financial - USA 🇺🇸

4. NFLX - Netflix Inc - Communication Services - USA 🇺🇸

5. SAP - Sap SE ADR - Technology - Germany 🇩🇪

6. TMUS - T-Mobile US Inc - Communication Services - USA 🇺🇸

7. PLTR - Palantir Technologies Inc - Technology - USA 🇺🇸

8. CSCO - Cisco Systems, Inc - Technology - USA 🇺🇸

9. MS - Morgan Stanley - Financial - USA 🇺🇸

10. GE - GE Aerospace - Industrials - USA 🇺🇸

META - Meta Platforms Inc - Communication Services - USA 🇺🇸

WMT - Walmart Inc - Consumer Defensive - USA 🇺🇸

JPM - JPMorgan Chase & Co - Financial - USA 🇺🇸

NFLX - Netflix Inc - Communication Services - USA 🇺🇸

SAP - Sap SE ADR - Technology - Germany 🇩🇪

TMUS - T-Mobile US Inc - Communication Services - USA 🇺🇸

PLTR - Palantir Technologies Inc - Technology - USA 🇺🇸

CSCO - Cisco Systems, Inc - Technology - USA 🇺🇸

MS - Morgan Stanley - Financial - USA 🇺🇸

GE - GE Aerospace - Industrials - USA 🇺🇸

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