Can The Stock Market Bounce If Junk Bonds Sell Off?
The small-cap Index Russell 2000 ETF (IWM) looks hopeful for a Wednesday bounce while the High Yield Corporate Debt ETF (JNK) sends another warning...
US Dollar Rally Nearing Important Inflection Point
The recent US Dollar Index rally is providing a headwind for commodities, while pushing other currencies down.
Should the rally extend further, it may create...
Currency Markets Roiled As US Dollar Strengthens
The currency markets are among the largest in the world. And when the reserve currency U.S. Dollar makes a big move, other assets listen...
Key Bull-Bear Stock Market Relationships To Watch Right Now
This past week the stock market found both love and irreconcilable differences when comparing key sectors and indices.
The love came from the big cap...
S&P 500 and German DAX To Head Higher After Corrections
Minor weakness in the US Dollar allowed the S&P 500 Index to find support and push higher toward a potential fifth wave of 3...
Carbon ETF (KRBN) Testing Breakout Price Channel Resistance
ESG themed investments continue to gain popularity, and the relatively new (and red hot) Carbon ETF (KRBN) is no exception.
This index follows the European...
Is The Transportation ETF (IYT) Double Topping At 2021 High?
As the bull market carries on into year end, some lagging sectors and stocks are just getting back to their early 2021 highs.
Some will...
Coffee Prices Soar, As Breakout Sends Cup of $JO Higher!
Commodities continue to run higher as inflation concerns are becoming an everyday reality for U.S. consumers.
Recently, I highlighted a key equities to commodities ratio...
Materials Sector (XLB) Consolidates As Bullish Pattern Takes Shape
As stocks continue to march higher, some sectors are consolidating and may need a reset or pullback before the next surge.
One such sector is...
U.S. Equities Bullish Pullback Is Setup For New Highs
We got the pullback we were looking for in the major averages last week.
We'll see if last week's lows hold... if not, the pullback...