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djt

After four years of no progress, the market is finally signaling that it’s time for Transportation stocks to move forward.

This once-overlooked group is coming back into focus, completing what has been a massive base.

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Alfonso's Daily Note
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Alfonso
spx

January is behind us, and we’re now entering one of the historically trickier stretches of the year for stocks.

At the same time, the S&P 500 has just reached a major upside objective — the 261.8% Fibonacci extension of...

Alfonso's Daily Note
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Alfonso
TNX

The bond market has quietly drifted into the background.

It’s been mostly ignored, almost forgotten, while stocks around the world have continued grinding higher.

So today, I want to zoom out, reset the lens a...

Alfonso's Daily Note
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Alfonso
comp dji

For nearly twenty years, the market played by a simple set of rules:

Growth over value.

This trend guided portfolios and dominated positioning for more than a decade.

But now the question is...

Alfonso's Daily Note
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Alfonso
Gold vs Stocks

What if Gold still hasn’t begun to outperform equities in any meaningful way?

I know it sounds counterintuitive, especially after precious metals led the tape and outpaced nearly everything last year.

But the...

Alfonso's Daily Note
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Alfonso
dow theory

As technicians, we love to talk about Dow Theory.

One of its most important principles is the concept of confirmation—the idea that major averages should be trending in the same direction.

And right now, that’...

Alfonso's Daily Note
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Alfonso
IWM VS QQQ

The little guys are back—and they’re leading the market higher.

The Russell 2000 $IWM just closed the week at its highest level in its history. 

After nearly four years of going nowhere, it’s finally...

Alfonso's Daily Note
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Alfonso
staples vs broader market

Today, I’ll keep it simple.

From where I’m sitting, this is still very much a risk-on market.

The sectors that typically perform well during “risk-off” environments are the first to lag—and that’s exactly what...

Alfonso's Daily Note
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Alfonso