Commodity Bulls Hope Australian Dollar Can Rally Above Resistance
Early 2020 marked a 19 year low for the Australian Dollar (Aussie, AU$, etc...), but since that time the currency has been very strong.
And,...
Stock Market Bulls Eye Junk Bonds (JNK) and Small Caps (IWM)
Tuesday, the Russell 2000 (IWM) closed over its pivotal price area of $226.69 from April 6th.
Now it needs to hold over this price level...
Is The Canadian Dollar Rally Nearing An End?
In efforts to avoid a term woefully overused in financial commentaries (the term is also the title of a George Clooney fishing movie), we...
India Stock Market Breakout Signals Bullish Continuation Higher
COVID headlines are finally improving out of India. The world’s second-largest population at 1.4 billion was struck hard by the pandemic this past spring,...
Natural Gas Prices Forming Base, Breakout Confirms Inflation
Prices are rising across several commodities... oil, gold, corn, soybeans, wheat, lumber. And this has economists and investors beginning to eye inflation.
I agree, inflation...
Cyber Security Likely Long-Term Beneficiary of Consumer Tech Push
Cyber security has returned to the news following the recent U.S. pipeline attacks.
But the funny thing is, it never really went away. Sure, there...
ARK Innovation ETF Underperformance Signals Bearish Phase
How can you tell when a chart transitions from a bullish phase to a bearish phase? The ARK Innovation Fund (ARKK) has done just that,...
Got Bonds? Federal Reserve Taper Is Coming
The solid economic recovery and easing of COVID restrictions lead me to believe a tapering of QE may not be far off. Further supporting...
Finally Russell 2000… But Will It Confirm?
For the past couple of weeks, the Russell 2000 (IWM) has been a major focus for traders and investors that have been cautious given...
Semiconductors Index: Bull/Bear Tug-O-War At Important Price Resistance
The resurgence in the stock market over the past year has been tech driven, as the COVID work-from-home theme picked up pace and shutdowns...
