Rates Increase and Transportation (IYT) Clears its Major Moving AveragesÂ
Wednesday, the market rallied into the Feds rate announcement, showing speculator's optimism given the current downward trend.
It also helped that Monday, the Nasdaq 100...
Elliott Wave Says GOLD and Silver Have Room For Deeper Correction
The US Dollar is trading at elevated levels, even accelerating as Gold and Crude Oil trade lower (which is positive for the USD).
A stronger...
U.S. Stock Market Indices Navigating Commodities Surge
The major stock market indices ended the trading week on a weak note with the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) closing...
Will Oil’s Price Decline Offer A Lift To Stock Market?
Oil makes a reversal pattern and rejects its 80-month moving average; however, will the overall trend stay intact, or has Wednesday signified an end...
Are Copper Futures About To Surge To Over $7
Copper prices have been running hot ever since the onset of COVID.
Sound familiar? Yep, because it's happened across several commodities.
Things are rough right now...
Could Peak Oil Be Happening Right Now?
Crude oil prices (and everything else) started rising with COVID and supply chain issues. And now that we are adding sanctions on Russia and...
Stock Market Remains Volatile On Russia News, Inflationary Winds
The S&P 500 Index fell by 0.72% on Tuesday as the news flow was again dominated by Russia (and the U.S. banning Russian oil...
3 Times a Charm? U.S. Dollar Facing Breakout Test!
Over the past few decades, the U.S. Dollar has been weakening.
Could this weakness be coming to an end?
Today's long-term "monthly" chart highlights an important...
Gold Miners (GDX) Look Ready To Move Higher
Gold prices are pushing higher as as the war in Ukraine takes centerstage.
And as gold prices move higher, it only adds fuel to the...
Are Steel Prices About To Explode Higher?
Geopolitical tensions surrounding the Russia/Ukraine war have sent steel prices higher.
And if the rally continues, it may mean considerably higher steel prices and added...
