From the Desk of Louis Sykes

They're everywhere.

The long-awaited James Webb Space Telescope images...

Moments like these are not only significant for the scientific quest. They also deeply change the human condition and what we think is possible.

When Copernicus discovered the heliocentric model -- that the universe doesn't rotate around Earth -- it humbled humanity.

When Newton discovered that the motion of the celestial bodies followed strict laws of mathematics, it gave a seemingly entropic universe order.

When man landed on the moon, it changed our entire perception of what's possible.

And when the Hubble Space Telescope and the more recently launched JWST send back awe-inspiring images, it gives us a perspective of the cosmos we've never seen before.

The next new trade in our Paid-to-Play portfolio is:

The largest insider transaction on today’s list is a Form 4 filing by famed tech investor Bill Gurley.

You can't overstate what a bully the Dollar has been towards stocks in the U.S. and around the world.

We've talked about new 20 year lows for Japanese Yen, and the recent parity with the Euro, of course.

But now take a look the Emerging Markets Currencies ETF breaking down to new all-time lows:

The S&P 500 just had its worst first half in more than 50 years.

Based on CPI, if you’re in cash, you’re losing 8.5% a year.

This was the worst start to the Bond Market since 1842.

So what do you think gold is doing in that environment?

Down near new 52-week lows...

We've adjusted a position in the Paid-to-Play portfolio today:

Sometimes it's just best to ignore breakouts.

It's all about knowing what environment we're in and adjusting our tools and strategies accordingly. In environments like these, buying into breakouts is a dangerous game.

Seriously, take a look at the failed breakouts all over the place.

Pull up a watchlist of cryptos and you'll see a ton of whipsaws.

From the desk of Willie Delwiche.

I'm away for a few days enjoying Wisconsin’s Door County Peninsula. It's been great to camp and explore in what is widely known as “the Cape Cod of the Midwest.”

I'll be back Thursday for our regularly scheduled Town Hall but in the mean time, here's a quick look at our latest Bull Market Re-Birth Checklist.

Today we're going to discuss a long idea from the Services sector. It's a name you've heard of in the logistics departments. Let's take a look!

The Massachusetts-based hedge fund Wellington Management Company has been active, as it filed three separate 13Gs yesterday.

The filings revealed passive ownership stakes of about 10% in Whiting Petroleum $WLL and Steven Madden $SHOO.

In bear markets, you're going to find more stocks making new lows than new highs.

That's just basic math.

In bull markets, you'll see the opposite.

Here's what today looks like: 33 consecutive weeks of more stocks hitting new lows than new highs.

We retired our "Five Bull Market Barometers" in 2020 to make room for a new weekly post that's focused on the three most important charts for the week ahead.

This is that post, so let's jump into this week's edition.