Kenneth Tower, CEO & Chief Investment Strategist of Quantitative Analysis Service, Inc. (QAS) announced to clients on August 17th that the Euro (EURUSD) Completes Major Low! QAS Alert – Euro (EURUSD) Completes Major Low! *EURUSD likely to exceed May high. *Our Weekly data is turning back up after a consolidation of the […]
Kenneth Tower, CEO & Chief Investment Strategist of Quantitative Analysis Service, Inc. (QAS) announced to clients on July 7, 2016 that the Australian Dollar (AUDUSD) Completes Major Low! QAS Alert – Australian Dollar (AUDUSD) Completes Major Low! *A$ likely to extend its 2016 gains. *After consolidating the sharp initial gains from the […]
Kenneth Tower, CEO & Chief Investment Strategist of Quantitative Analysis Service, Inc. (QAS) announced to clients on June 28, 2016 that EM to Outperform DM in Major Macro Shift! *Emerging Markets (EM) are poised to outperform Developed Markets (DM) over the next year! *This suggests an end to nearly six years of […]
Yen – Major Bottom In Place •The Yen (JPYUSD) appears to have a major bottom in place. •Upside potential is 100 (now 120). •Weekly data is positive and improving while Monthly data slowly improves. •Our work reflects market forces. We cannot forecast what Japan’s central bank will do, but our work shows that the most […]
Commodities Stabilizing Like It’s 2013 •Commodities have improved to their most attractive since August 2013. •Specifically, the Difference Curve of Monthly Commodity Ratings (a Diffusion Index) has improved to neutral (zero) for the first time in two years. •That August 2013 improvement was followed by 11 months of flat to improving commodity prices (until July […]
US Equities Near Low of Expected Range -US Equities are nearing the lower end of our expected range. -As stated in our July 7 Alert, our expected risk for S&P 500 is 10% from the high, or 1,917. -Daily data is quickly becoming Down-Extended and we will watch for signs of bottoming. -Because our long-term […]
Equities Turn Lower – US Equities Turn Lower. Least favorable equity conditions since 2011. – Risk is 10% off the high. – A few weeks ago it appeared that small caps were turning back up. We thought they might lead large caps higher. Instead the large caps have dragged the small caps down. – Because […]
Russell 2000 and S&P SmallCap have improved and are now considered as high-conviction long ideas. •Upside potential is 15-20%. •Our work suggests this period is similar to early 2012 and late 2005 when the market turned back up. •Large Cap indices lag and do not yet show this same improvement. Although risk there is decreasing. […]
Crude Oil Has Bottomed •In our February 9 Alert we highlighted early bottoming action in Crude Oil. •Improvement has continued to follow the pattern of other important lows and it now appears that an important low is in place. •The profile is similar to other important lows: early 2009, early 2002, and early 1999. •Our […]
In an early sign of a Changing Macro Environment, the US 30 Year Yield now shows early signs of peaking while Copper shows important signs of bottoming. US 30 Year Yield – Early Signs of Peaking •For the first time since 2012, the US 30 Year Yield shows early signs of peaking. •The profile […]
