Today’s State of Perpetual Crisis

2025's problems are not all the same problems as 2015, 2018, 2020, 2022, or 2023. Which makes you wonder, why have there been so many financial panics in the last decade?

Action to Take: With the VIX pushing above 22 this morning and futures deep in the red, panic is beginning to creep back into markets. Keep an eye on two key areas that could offer relief in the first half of the week: First, the Direxion Daily Financial Bull 3X ETF (FAS) is approaching oversold territory just as JPMorgan (JPM), Citi (C), and BlackRock (BLK) kick off earnings Wednesday. Second, the Russell 2000 (IWM) will once again hit oversold levels where it is known to find support. While either could trigger a short-term bounce, we're in a defined downtrend now. Until that breaks, expect lower highs and lower lows, though we’ll likely see a relief rally into the inauguration.

I'll update you if we see signs of capitulation and our momentum signals start to shift.

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Momentum: Negative (Trend Since December 10).

Markets took another hit on Friday after December payrolls blew past estimates, sparking the largest outflows since Augus…