Founder & CEO of AscalonVI Capital. 17-year NYSE veteran, Chartered Market Technician (CMT). Frequent contributor on Fox Business, Newsmax, and CNN. Co-host of Policy & Profits podcast.
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Current ICAP Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 8) The SPX index fell 1.57% yesterday, establishing a new closing low for this move at 4982. The index initially rallied over 4% to start the session, hit a high of 5267, and then reversed sharply trading down 6.
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Current ICAP Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 7) The SPX index ended the session yesterday down a modest 23bps, closing at 5062. Despite how benign that seems, the index had a wild high/low range of 5246/4835 representing an over 8% spread. Absolutely manic price action
Media Appearances
Great convo with @GerriWillisFBN last Friday about the markets for @FoxBusiness Radio - https://t.co/q0lDW750u6— Anthony F Esposito, CMT (@cmt_anthony) April 8, 2025
Media Appearances
This video takes a moment to talk about the rapid-fire conversations happening about the market - most of which are incorrect and misleading. Anthony takes 20 minutes to run through what's really happening with the sell-off and this Bear market.
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Current ICAP Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 6) The SPX index fell an additional 5.97% on Friday as the sell-off accelerated. The peak-to-trough move is now down over 17% from the Feb 19 all-time high of 6147. Momentum and trend indicators continue to degrade as Spot
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Market Summary: Current ICAP Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 5) The SPX index fell 4.84% yesterday, closing at 5396. The index is now well below my 5500 support level as trend and momentum indicators roll over. Both Spot VIX and VIX term structure are “risk off”
Media Appearances
IN THE END, WE WILL BE BETTER OFF “THE TARIFFS ARE TODAY’S HEADLINE — I THINK LONG TERM THE TARIFFS WILL BENEFIT US GREATLY. — THERE’S GOING TO BE CLEANUP, THERE’S GOING TO BE PAIN.” @cmt_anthony on the response to Trump tariffs.@stinchfield1776 pic.twitter.com/bD7Cor4QDz— Real
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Market Summary: Current ICAP Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 4) The SPX index gained 67bps yesterday, closing at 5670. The high on the day was 5695, testing but failing at the previously identified resistance level (and top of near-term range) at 5700. The index remains stuck in
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Market Summary: Current ICAP Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 3) The SPX index gained 38bps yesterday, closing at 5633. The index remains below the 5700 level as price, momentum and trend all try to gain their footing in unison. Spot VIX remains “risk on” and VIX Term
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Market Summary: Current ICAP Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 2) The SPX index started the session yesterday down 1.65%, hitting a low of 5488, then rallying to close up 55bps at 5627. As I wrote on Mar 27 (ref close was 5693), “The 5700 level needs
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Market Summary: Current ICAP Momentum/Trend Model (MOTR) Signal: NEGATIVE (Day Count = 1) The SPX index fell 1.97% on the day Friday, hitting a low of 5572 and closing at 5580. Momentum and trend are breaking down aggressively. Spot VIX does remain “risk on” but VIX term Structure is
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Market Summary: Current ICAP Momentum/Trend Model (MOTR) Signal: POSITIVE (Day Count = 4) The SPX index fell 33bps on the day yesterday closing at 5693. This was the second “doji” formation in the past three sessions with a high/low spread of 38 points and an open/close spread of