Airlines Uncertainty Continues To Weigh On Stocks
Airline stocks are moving into the fall months with a lot to prove, from a time and price perspective (looking at the charts) as...
How Momentum Plays A Role In Russell 2000 (IWM) Performance
Representing 2000 small-cap companies, the Russell 2000 (IWM) gives a great view of the overall market picture.
Recently we talked about watching our Real Motion...
Gold and Silver Elliott Wave Price Cycles Offer Possibilities
After testing its all-time high of 2075, Gold is once again coming lower.
Although this higher degree correction from last year is still underway, there...
Microsoft Stock (MSFT) Set To Correct… But Elliott Wave 5 Awaits
Our expectation for Microsoft shares (NASDAQ:MSFT) is similar to what we described at the beginning of the summer for the broader NASDAQ index –...
S&P 500 Index Faces Bearish Cycle and DeMark Exhaustion
Over the past 4 months, a 32-calendar day Low-to-Low cycle has formed for the major stock market index the S&P 500.
This cycle has to...
Investors Shrug Off Bad Jobs Report Ahead of Labor Day
Friday, the Jobs report showed 235,000 new jobs reported for August. Â
This was not good news since the estimate was roughly 500,000 higher.
Ouch!
However, the major...
Here’s Why Crude Oil Prices Are Heading Higher
The energy sector is looking bullish as we head into the fall season.
In particular, I like the setups on crude oil and heating oil....
Is It Time For Natural Gas ETF To Head Much Higher?!
The past 15 years or so have seen Natural Gas mired in a down-trend. But Natural Gas prices are perking up and this has...
Important Price Levels for S&P 500 and Amazon Stock $AMZN
In the course of my work as a technical analyst, I’m often asked about price support and resistance levels.
Why do specific price levels seem...
Gold Bulls: Beware of “Hanging Man” Price Pattern!
The month of August came and went and the price of Gold remained fairly steady. The economic environment continues to be uncertain and perhaps...
