Volatility Index, Junk Bonds Are Key Indictors For Trading Stock Correction
The Stock market has been under pressure from upcoming interest rate hikes, inflation, and a worrying overseas situation in Ukraine.
However, Monday’s gap lower was...
S&P 500 Index Trading Near Potential Reversal Price Target
A little over a month ago, we sent out a note highlighting a reversal pattern on the S&P 500 Index (futures) where we indicated...
Nasdaq Erases 7 months of Gains With Sharp Decline!
The tech wreck has been fast and furious. And considering that the stock market correction is still relatively new, we really don't know if...
Major Stock Market Indices Reach Critical Impasse!
Today's chart 4-pack illustrates why the broader stock market has reached a critical juncture this month.
Investors are feeling the heat from recent selling. Why?
Well,...
What’s Wrong With Gold?
Hit the rewind button back to a year ago. Gold was trading at $1,850/oz, and the iShares TSX Gold ETF was about $19.50. Now,...
Transportation ETF (IYT) Holds Support, Gives Stock Bulls Hope
So far these last couple of weeks, we have written and talked about trading ranges, January calendar ranges, inflation, stagflation and precious metals.
And, we...
Russell 2000: Making Sense of New Highs… New Lows
The Russell 2000 breached lateral support this week as a bear market descended upon small cap stocks..
Just behind small caps are tech stocks, as...
Nasdaq Weakness Has Bears Circling Tech Stocks!
One theme over the past several months has been tech stocks under-performance. And 2022 seems to be amplifying this theme as we kick off...
Stock Market Forming Trading Range… Within Trading Range
As we now enter the second half of January in a new year, the persistent trading range continues.
Particularly in the small caps or Russell...
2022 Investment Outlook For Stocks and Bonds
Stocks are priced for perfection. Bonds trade at historically low yields despite 7% inflation. What could go wrong?
As fiscal and monetary support for the...
