"Whirlwind!"

What a week it's been. You are receiving this email because you signed up to receive emails from True Market Insiders, rebranding to Sector Edge. [Unsubscribe here]( Keep the emails you value from falling into your spam folder. [Whitelist True Market Insiders](. Forgot your login information? Click [here](. [Image] Weekly Market Update Today is March 3, 2023 Hello again and Happy Friday! Whirlwind! That’s the only word to describe what this week has been like at True Market Insiders. Our new website is now 100% up and running… Bill Spencer Editor-In-Chief True Market Insiders And the estimable Tobin Smith has “moved in” and [has begun releasing free content to you](. This past Wednesday “Toby” introduced himself and laid out his market philosophy: “I became an investor (how’s this for a novel idea) to make money.” “I enjoy the good life, and my particular approach to the stock market (which I’ll be sharing with you) has allowed me to live it to the full.” “I look for transformative events that do something very specific (but not obvious). A true, investable transformative event is a secular shift, or change, as opposed to a cyclical one. And it brings about an imbalance in the relationship between Supply and Demand, or at the very least a sizable and sustained change in Demand. That change in the Supply/Demand balance will lead to massively higher – 5x… 10x… 20x – sales and profits for those few companies positioned to leverage the transformative event. That gain in sales and profits will lead ultimately to a similar change in the company’s valuation, and in the price of the company’s stock. But the REAL KEY to this type of "transformity" investing is that the math behind it tells you when to SELL!” Believe me, When Tobin really turns it on, you’re gonna be in for the ride of your life. That said, one Tobin Smith doth not a market make. Over the four trading days of the holiday-shortened week, the market last week put up its worst week in 2023. Now that we’ve escaped from February (typically a down month, especially after a blistering January)... Things are looking much better this week. One of the things that’s notable here is the strength in tech. The Nasdaq Composite is the strongest performer this week. This is notable because, as we discussed more than once here in Friday Market Update, tech tends to outperform when investors (that is, the giant institutions) are feeling greedy, and it tends to underperform when they’re feeling fearful. So if you’re a bull, strength in tech is good news.   How To "Wiretap" The Trades Of Wall Street's Richest Insiders... For Potential Gains of 533%... 948%... and even 3,120%... [Without Breaking a Single Law](. [Click here]( for more information.   More notable in my opinion is the strength in small-caps. They’re represented by the Russell 2000 (RUT) and the S&P 600 (SML). As you can see, they occupy positions #2 and #3 in the rankings shown above. And our ETF small-cap proxy, iShares Russell 2000 ETF (IWM), spanked the major averages this week. Small-Caps have been strong versus large-caps all year. Now, there’s always a bullish case to be made in the market (or with a sector or a stock)... and there’s always a bearish case. On the bearish side, our #1 technical indicator, the New York Stock Exchange Bullish Percent Index (NYSE BPI) on Wednesday (3/1) reversed from a tall and rising column of X’s into a column of O’s. We interpret this move by saying that the market should now be considered weak over the short term. Yesterday, [I published a full update on this recent bearish move](. I encourage you to read it, then read previous updates to that BPI page. They’ll give you a lot of detail on what the NYSE BPI is, how to read and use it, and what it can tell us about the stock market. But getting back to those giant institutions… According to TheWall Street Journal, “Investors… have added a net $4.2 billion to U.S. mutual and exchange-traded funds that buy small-capitalization stocks this year, while pulling $17.4 billion from large-cap funds, according to data from Refinitiv Lipper through Feb. 22.” In the image above, the highlighted area shows the time period in question. You can see the inflows ramping up. Again, if you’re a bull, this is a very good thing to see. As I write these words, all the major averages are up on the day. Monday, of course, is the most telling day of the week when it comes to the stock market. Monday’s price action gives us a good idea of where the market wants to go for the remainder of the week. (Chris Rowe, Costas Bocelli and I created [a weekly YouTube show called “Tuesday Morning Quarterbacks”]( based on this tendency.) So we should look for follow through on Monday. If we see additional gains, it’ll confirm a bullish stance. If we do not… It could mean the market has stalled. ******************************************************* Recently, we held a special investor briefing about a trading system that goes by the name ‘DMI.’ This automated system hunts for suspiciously oversized options activity from the world’s biggest institutions and investors. When it spots a tell-tale move, [it generates a signal](. You probably already know that institutional buying is what drives stock prices higher. So I’m sure you can see the value of being able to detect what the big players are doing before the rest of the world catches on. The whole presentation is on video and [you can watch it here](. ******************************************************* Thank you as always for your time and attention. Have a great week, Bill Spencer Editor-in-Chief, True Market Insiders   [NYSE BPI - March 2, 2023]( [What this “Tooth Fairy Chart” Means for Investors]( [What Do Support and Resistance REALLY Mean?](   [True Market Insiders' Portfolio Track Record] You can [change your preferences here]( DISCLAIMER ©2023 by True Market Insiders, LLC, Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: True Market Insiders, 7901 4th St. N STE 6113 St. Petersburg, FL 33702. 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