Nasdaq 100 Rallies Higher Off Important Price Support
The short-term selloff may have run its course as both the Nasdaq 100 and S&P 500 reached important price support targets and may be...
Why The Stock Market’s 6-Month Calendar Range Is Important In July
First some facts about the July stock market calendar range.
The July PatternThe Six-Month Calendar Ranges
Provides directional bias for the next 6 to 12 months.Â
January...
Russell 2000 Rally Pushes It Over July Calendar Range
Very Simply, small caps are on fire!
Note the small green horizontal line.
That is the new July 6-month calendar range high.
IWM handled it like a...
Russell 1000 Growth Index Out-Performing Value; Bullish Trend for Stocks
The mid-to-large cap areas of the stock market continue to move higher in a bullish trend. But not all stocks are on equal footing.
The...
What Unties the Stock Market’s Gordian Knot?
A Gordian Knot comes from Greece during Alexander the Great’s march.
It has become a metaphor for a problem solvable only by bold action.
Every investor...
Start of Stock Market Correction or a Summer Rally?
On June 3rd I recorded a 20-minute video for StockchartsTV.
The thesis is to explore whether we are at the beginning of a market correction or...
Will Tech Stocks Turn Bearish Here?
Technology stocks have continue to lead the broader market higher in 2024, posting new high after new high.
At the same time, this is the...
U.S. Stock Market Trends Still Bullish Intermediate Term
When reviewing most of the major U.S. stock market indices, you will see that despite the pullback off the March highs, they are well...
Important Gold Price Ratio Is Breaking Out!
2024 has been filled with headlines about stock market highs and stocks such as Nvidia. But one major asset and commodity that is making...
The One Chart to Watch as S&P 500 Makes New All-Time Highs in May...
This week was phenomenal for risk assets! The S&P 500 and the Nasdaq 100 both reached all-time highs, and the Dow Jones even briefly...
