Regional Banks Testing Major Price Resistance!
Sometimes bank stocks matter, sometimes they don't.
But heading into October and year-end, and following a 50 basis point interest rate cut, I'd say that...
The Euro’s Likeliest Path is Downward (Elliott wave forecast)
The Euro has remained in a consolidation zone since we last wrote about it in April, but we think nearby resistance will be difficult to...
Federal Reserve FOMC Lowers Interest Rates Aggressively On Wednesday
Are we over the hump?
Those of you who do not look at X, here is a great summary of today’s FOMC by the Kobeissi...
Are Commodities Setting Up For A Major Turn-Around?
Look at the headline of this chart and you can see that global FMS allocation to commodities is at a 7-year low.
This is fascinating,...
Stock Market Risk Gauges Provide Technical Insights
Every week we review the big picture of the market's technical condition as seen through the lens of our Big View data charts.
For Technical...
Gold Bugs Index (HUI) Rides Bull Market Trends Higher
As gold prices continue to climb higher in 2024, so do the prices of gold stocks and gold miners.
And it appears that the gold...
Is Silver (SLV) Nearing Historic Breakout?
Precious metals have been big winners in 2024.
While Gold may get all the headlines, Silver has performed pretty well too. And things may turn...
Stock Market Update: Classic Hump Day After Mixed CPI
Looking at the daily S&P 500 chart, we can see we are sitting on the hump this fine Wednesday.
By the hump I mean that...
Are Bank Stocks Sending A Warning To Investors?
Our economy and financial markets rely on a well-functioning banking industry.
And just as we saw with the Financial Crisis in 2008, things can go...
Treasury Bonds ETF (TLT): Bullish Elliott wave Opportunity on All Time Frames
The current environment for treasury bonds remains favorable for upward trades in the near term, with the biggest consideration being the time frame that...
