In this week's episode, David and Ian discuss areas of the market that had a good year in 2025, like international equities, metals and mining, precious metals, and also what areas had a poor year in 2025. They also discuss semiconductors in the broader context of market sector makeup and an update on the Santa Claus rally.

In this week's episode, David Zarling and Ian McMillan discuss growth versus value, high beta versus low volatility, market cap relative relationships, and other risk-on/risk-off relationships to close out the year and what might be in store in 2026. They also discuss international equities, Bitcoin, and how interest rates continue to appreciate against Fed rate cuts.

In this week's episode, David Zarling and Ian McMillan discuss if we are seeing rotation out of tech and growth areas of the market into value and small cap focused areas. They also discuss international areas that are holding up well, bitcoin, poor performance from the consumer staples sector, precious metals, and materials.

In this week's episode, David Zarling and Ian McMillan discuss the areas of the market that are out to all time highs, improved breadth, what is supporting the bullish thesis, 5x leverage funds, cryptocurrency, and interest rates.

In this week's episode, Ian McMillan and Kevin Firari discuss the price action following Nvidia earnings, reinforcement of key price levels for the S&P 500, rotation into later-cycle sectors like Healthcare, Energy, and Financials, Fund Manager Survey cash levels, the VIX, and what we could see play out to end 2025.

In this week's episode, David Zarling and Ian McMillan discuss market breadth and participation, areas of healthcare that have been holding up well, like biotech and pharmaceuticals. They also discuss whether the leadership from large cap tech and semiconductors is over, how software is at an interesting level, Michael Burry closing his fund, Bitcoin, and an update on fixed income.

In this week's episode, David Zarling and Ian McMillan discuss the current pullback in equities, important levels moving forward, the US Dollar, Gold and Gold Miners, International areas still holding up well, and earnings reactions.

Hosts David Zarling and Ian McMillan discuss the state of the markets amid a split environment where large-cap tech and semiconductor stocks drive the S&P 500 to new highs while many smaller stocks lag behind. They note mixed earnings reactions among major companies like Apple, Amazon, Microsoft, and Meta, and highlight signs of narrowing market breadth and potential caution signals such as the “Hindenburg Omen.” The pair also analyze trends in Bitcoin, commodities, and interest rates, em...

In this week’s episode David and Ian discuss the areas of the market looking to go out at new all time highs, an update on Gold and Gold Miners, International Equities, risk-on indicators, investor sentiment, cryptocurrencies, interest rates and fixed income areas of the market.

In this week’s episode David and Ian discuss the inside week for the market, regional banks struggling while big banks are holding up better, small caps and biotech, is the move over for gold and gold miners, and looking forward at potential scenarios on market movements.

In this week’s episode David and Ian discuss recent market developments, including ongoing breadth divergences and recent deterioration in Financial and Home Construction stocks. They highlight interesting areas of relative strength as well as how Friday’s downside day could just be one-day volatility or the start of another correction. Tune in to find out the latest market developments through the lense of technical analysis.

In this week’s episode, David and Ian discuss areas still at or moving to all time highs, risk on versus risk off behavior, potential challenges to the continued bullish thesis, sentiment, potential reactions to a potential correction, the government shutdown, and postseason baseball.

In this week’s episode, Ian and Kevin discuss how it seems like stocks could pause and consolidate to start October, interesting relative charts, risk on areas in equities and fixed income, the continued performance from the mining industry, commodities, and transportation tech funds.

In this week’s episode, David and Ian discuss areas of the market moving out to recent or all time highs, an update on small caps, the proposed change to earnings reports, rate cuts, areas of positive performance in underperforming sectors, precious metals, and emerging markets.

In this week’s episode, David and Ian discuss how precious metals and precious metals miners continue to do well, homebuilders are showing strength, lumber continuing to move lower, whether this is a start of a larger move in Biotech, areas of strength within small caps, moves in interest rates, and other areas of the market that are consolidating.

In this week’s episode, David and Ian discuss financials going out to all-time highs, a review of August seasonal expectations versus actual performance over the month, the consolidation within the technology sector with industries like semiconductors, an update on precious metals and precious metals miners. They also discuss the areas of industrials that are performing well, like aerospace related companies, and they also discuss the areas abroad that continue to perform well.

In this week’s episode, David and Ian discuss the fear in the market going into today's large move to the upside. They also discuss the things confirming the thesis that the market will continue to move higher, how small caps are potentially bottoming on a relative basis versus large caps, and international areas of the market starting to show signs of relative strength again.

In this week’s episode, David and Ian discuss the move in small caps this week and the 80% upside day, Dow Jones trying to move to all-time highs, international areas that are still showing strength, crypto participation and divergence, and how important it is to simply participate in the current trend rather than trying to time market tops and bottoms.

In this week’s episode, David and Ian discuss the reduction in Breadth, recent moves in AAPL and LLY, continued performance of momentum, continued bearish sentiment, and what is going on with precious metals.

In this week’s episode, David and Ian discuss the down start to August, seasonality, market breadth, the increase in the put/call ratio and the VIX. They also discuss areas that are showing relative strength and relative weakness, like growth vs. value, high beta vs. low volatility, and momentum. They also discuss how the overall trend in the market remains up, precious metals and industrial metals, Bitcoin, and fixed income updates.