From the desk of Willie Delwiche.

This All Star Charts +PLUS Monthly Playbook breaks down the investment universe into a series of largely binary decisions and tactical calls. Paired with our Weight of the Evidence Dashboard, this piece is designed to help active asset allocators follow trends, pursue opportunities, and manage risk.

From the desk of Willie Delwiche.

From the desk of Willie Delwiche.

From the desk of Steve Strazza @Sstrazza

Our Top 10 report was just published. In this weekly note, we highlight 10 of the most important charts or themes we're currently seeing in asset classes around the world.

Bifurcation Looms In The Currency Complex

As the US Dollar has caught a bid in recent weeks, our custom equal-weight index of the G-10 currencies is finding resistance at a perfectly logical level. We’re receiving bifurcated signals from the currency complex all-in-all, as many risk-on currencies are approaching key inflection points. In saying this, the currencies that have held up the best during the Dollar’s recent bout in strength have been those more closely tied with commodity-rich economies. This adds credence to our global growth and Commodity Supercycle thesis.   

From the desk of Steve Strazza @Sstrazza

Check out this week's Momentum Report, our weekly summation of all the major indexes at a Macro, International, Sector, and Industry Group level. By analyzing the short-term data in these reports we can take a more tactical view in order to better understand and gain insight into the structural trends at play.

Let's jump right into it with some of the major takeaways from this week's report:

* ASC Plus Members can access the Momentum Report by clicking the link at the bottom of this post.

Macro

From the desk of Willie Delwiche.

From the desk of Willie Delwiche.

Baseball is back -- another sign that life is returning to normal. 

I’m already thinking about heading to the ballpark to see the Brewers play in person (even though my son isn’t thrilled that they changed the name from Miller Park to American Family Field).

I wasn't much of a baseball fan growing up. In fact, I never progressed beyond Tee-ball. Washington didn't have a team at the time and rooting for the team from Baltimore seemed to be out of the question. After moving to Milwaukee as an adult, I was surprised to hear the actor from "Mr. Belvedere" calling the games on the radio. Little did I know that Bob Uecker, a Milwaukee legend, was a baseball guy first and an actor second. 

Despite my lack of on-field experience, I’ve enjoyed watching my son progress through the Little League ranks.

From the desk of Willie Delwiche.

From the desk of Willie Delwiche & Ian Culley. 

Financial, Energy, Industrial, and Material sectors continue their reign in our relative strength rankings, while mid-cap groups narrowly surpassed small-caps to command the top-tier of our industry group rankings. Though more defensive sectors continue to have the best relative strength on a short-term basis, Technology and Consumer Discretionary are starting to pick up in the near term as well. Small-cap deterioration persists at the industry group level, whereas large and mid-caps improve.     

From the desk of Steve Strazza & Grant Hawkridge

Don't miss this weeks Momentum Report; our weekly summation of all the major indexes at a Macro, International, Sector and Industry Group level. As a reminder, we analyze this shorter-term data within the context of the structural trends at play.

From the desk of Willie Delwiche.