December 21, 2025
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Logical pessimism: Mercury meets Saturn...

(14 December 2025)  US stocks slipped last...

Aggressive idealism: the Mars-Neptune square

(7 December 2025) Stocks pushed higher again...

Logical pessimism: Mercury meets Saturn in the NYSE chart

(14 December 2025)  US stocks slipped last week as skeptical investors moved money out of the AI sector and into value stocks following Wednesday's interest rate cut from the Fed.  Despite the decline, the major indexes remain within 1% of their all-time highs with the small cap Russell 2000 actually making a new high on Thursday. We had been somewhat neutral about last week given the mix of influences.  The aftermath of the Jupiter-Saturn and Mercury-Venus alignments argued for a bullish bias and the run-up to this Sunday's Mars-Neptune square...

MVA Investor Newsletter...

(5 February 2024)  Stocks pushed higher last week as strong tech earnings and a robust jobs report kept the market in melt-up mode despite...

MVA Investor Newsletter...

(29 January 2024) US stocks rallied higher yet again last week as strong GDP data and another decline in PCE inflation kept dip buyers...

MVA Investor Newsletter...

(22 January 2024)  Stocks rebounded last week as strong profit forecasts from AI chipmakers lifted the technology sector.  The S&P 500 gained 1% on...

MVA Investor Newsletter...

(14 January 2024)  US stocks rebounded last week as lower PCE and PPI inflation data took bond yields lower and kept the dollar under...

MVA Investor Newsletter...

(31 December 2023)  US stocks finished the year on a winning note as the Santa Claus rally delivered modest gains in the absence of...

MVA Investor Newsletter...

(25 December 2023)  US stocks pushed higher for the eighth straight week as slowing PCE data provided more evidence for an imminent Fed pivot. ...

MVA Investor Newsletter...

(17 December 2023)  US stocks rallied again last week as the Fed Chair Jerome Powell delivered a long-awaited pivot towards cutting interest rates.  The...

MVA Investor Newsletter...

(10 December 2023)  US stocks pushed higher last week as Friday’s strong jobs report provided more evidence for a market-friendly soft landing.  The S&P...

MVA Investor Newsletter...

(3 December 2023)  US stocks moved higher again last week as the latest inflation data came in near the consensus forecast and took bond...
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