Surely there are a number of sophisticated formulas, an osculators that can be observed  in trying to decern what the near term outlook in the market might be. A very simple or maybe simplistic way to go about it is to observe the CBOE Volatility Index, it has been pretty good at least in terms of offering what the current status of the market might be.

It is important to gage the market based on how it reacts to good news rather than bad news. The initial indications are good that the market seems to be responding fair ably to good news, which means that the market has yet to discount the good news on the horizon. 

Observing a chart extending back 18 months the S&P 500 has rejoined it basic up trend and that's remarkable given all the challenges the market has faced since early this year. It has come back in a very orderly, decisive and durable manner.

The virtues of a "time in" not a "timing" investment strategy, it is important to observe, identify, and adhere to basic technical trends in the market. When there are broad scale violations of these trends in a sector, a theme or the overall market it can foretell significant problems ahead for the market. 

Gene discusses2 major declines in the S&P 500.

Gene discusses the CBOE Volatility Index. 

Gene discusses the S&P 500 and Nasdaq. 

Gene discusses the kickoff of the second half of the 2025 market and what it could signal for investors. 

Gene clarifies a comment made on yesterday's report regarding the major indexes. 

*No report tomorrow 07/02

Gene, discusses the developing formations for the major market indexes.