The S&P 500 still consolidates in a prolonged sideways range, where broad participation is counterbalanced by mega-cap weakness. When will this unresolved battle ends?
The Japan index keeps hitting record highs but the risk of a correction is high and increasing...
What’s more in this report:
Very broad US stock market breadth is supportive of the S&P 500 bull case but the (relative) underperformance of big tech still raises cautionary flags.
Silver: A very significant ‘blow-off’ top is. What's next?
US and German 10-year yield: The waiting game continues.
Crude oil: WTI seems poised for a larger upmove. A firm rise above $66 will likely trigger a larger rally phase.
How much more precious can they get? The vertical price acceleration, sky-high volatility, and exhaustion behavior signal major correction risk for gold and silver. Concretely, we expect an upcoming correction of several tens of percent..
Breakout or bull trap? A critical moment for the S&P 500
Thursday, 15 January 2026
The S&P 500 is at a make-or-break moment: Either a confirmed breakout towards significantly higher levels - or a failed move that could open the door to a meaningful correction...
