Macro Ops: Unparalleled Investing Research

Summary: Momentum continues to favor trend continuation in the major indices. The intermediate-term BofA Bull/Bear indicator has an active sell signal, but our shorter-term Trend Fragility measure sits at 69% — neutral, and consistent with at least several more weeks of upside runway. The Trifecta Lens Score has recovered from last week’s -3 reading to -2, a...

This week’s episode analyzes the robust structural health and mechanical strength supporting the ongoing equity market advance. I look at the data confirming underlying market stability despite a compressed volatility environment.

Summary: The Nasdaq has posted eight consecutive weekly gains — a historically rare signal that has preceded positive three-month returns in the large majority of prior instances. Defensive sub-industry relative performance has reinforced that reading. Both data points argue for remaining long the trend.

Against that, three developments warrant att...

We’re doing something special for our subscribers this week and sharing a segment from Mike G’s latest weekly report, This Infinite Game. Reports like this one, along with real-time trade alerts and live portfolio tracking, are reserved for members of

If you’ve followed Macro Ops for a while, you know we love identifying Trifecta Lens trade setups, where three things align to create highly asymmetric bets: