Retail Sector ETF (XRT) Looking For Investor Conviction
I have been very clear about waiting for the “inside” sectors to reconcile their trading ranges before loading up on new equity positions.
I have...
October 2024 Stock Market Forecast: 10 Essential Charts
October 2024 brings a diverse set of opportunities across multiple sectors, with several charts hinting at key transitions and potential breakouts.
This month, we’re seeing...
Can Stock Market Withstand October Volatility?
Investors are being greeted with volatility as we start October… or Rocktober.
And things are certainly rocking, making it feel like the late 1970s all...
Is Occidental Petroleum Stock (OXY) Nearing Buy Support?
It is no secret that Warren Buffet, who has sold a lot of shares in Bank of America and Apple, continues to hold Occidental...
Presidential Election Stock Market Seasonality Trends (History)
This week, we're highlighting some key data points on stock market performance during presidential election seasons.
What you'll find is a generally positive outlook on...
Dow Jones Transportation Index Runs Into Critical Price Resistance
The stock market continues to trade near all time highs as investors climb the wall of worry.
Yes, the there are plenty of worries: the...
Is The Japanese Yen Reversing Upward? (Elliott wave analysis)
After more than a decade of decline, the Japanese Yen might have found durable support.
If the downward Elliott wave structures are indeed complete, then...
Stock Market ETFs Trading Update: Watch Long Bonds (TLT)
I’d say “if the Economic Modern Family could speak...”
However, they can, and they do.
And what are they saying after a week of China flying,...
Treasury Bonds Update: What’s Next For TLT?
Instead of falling after the Fed lowered rates, the 10-year and 20+ year yields have risen.
This seems incongruous given the dovish Fed talk.
However, a...
Will Nasdaq 100 Bearish Divergence Align With Elliott Wave Forecast?
This week we want to alert readers to a potential reversal signal that may be forming in the context of two of the major...
