Weekend Market Update: Stocks Strengthen, Dollar Drops and Gold Rises
Friday, the Federal Reserve’s Jackson Hole symposium stimulated the stock market with all 4 major stock indices closing positive. Â
Due to the improvement in the...
Will Delta Variant Sink Transportation Sector ETF (IYT)?
Key stock market indices are trading at all-time highs but one notable sector is lagging - The Transportation Sector and ETF $IYT.
This isn't a...
What’s Wrong With Robinhood’s Stock Post-IPO?
Does a good trading app necessarily become a good stock?
For many investors, the Robinhood IPO (stock ticker: HOOD) represents their first foray into an...
Stock Market Indicators Flash Risk-On As New Records Set
A strong push higher by Chinese stocks helped propel select U.S. stock market indexes into record-breaking territory on Tuesday. And the futures markets are...
Elliott Waves: Gold Rallying As US Dollar Hits Resistance
The US Dollar Index appears to be turning lower due to speculation that the Federal Reserve may not withdraw stimulus as fast as first...
Cybersecurity Stocks Trigger Breakout Trading Buy Signal
The Cybersecurity trade looks to be re-igniting, as the sector ETFs are breaking out above short-term downtrends and select stocks are thrusting higher.
Stocks like...
Which Stock Tickers to Watch if Russell 2000 (IWM) Clears Key Resistance
Monday the market continued its rally from Friday of last week with the S&P 500 (SPY) and Nasdaq 100 (QQQ) clearing all-time highs.
Again, the...
Russell 2000 Index Reversal Triggers Short-Term Buy Signal
The Russell 2000 decline on Thursday undercut both the 200-day moving average and the MOB band price target (as shown on the chart above).
But on...
How Strong is Russell 2000’s (IWM) Current Rally?
Today we focus on a chart of the Russell 2000 (IWM). It is one of the most valuable stock market indices as it tracks...
Australian Dollar (Aussie) and Kiwi Elliott Wave Analysis
The aussie dollar (AUD) and Kiwi dollar (NZD) decline on lockdowns and lower stock prices.Â
Could this be an A-B-C drop on a daily charts;...
