The Russell 2000 ETF (IWM) Needs To Clear $222.14 – Here’s Why
For the third time, the small-cap ETF Russell 2000 (IWM) has failed to clear its 50-Day Moving Average (DMA). And investors should take notice.
It is the...
U.S. Stock Market Outlook Clouded By Weak Signals
Stocks gave up early gains and had a disappointing close to Tuesday's trading session. A lack of follow-through buying when the indexes need it...
Will Monday Settle the Stock Market Divide?
The four major stock market indices are split between two phases.
The first is a bullish phase. This is created when the price of a...
Stock Market Outlook: A Bull vs Bear Chess Match
Unemployment claims fell and stocks surged. This helped the S&P 500 Index jump by 1.06% today and once again display a strongly bullish intermediate...
Gold (GLD) One Step Away From Testing 2020 Highs
A month ago, I wrote an article that questioned "Is Gold Emerging From Hibernation?" I though I'd provide a brief update today.
Since that...
Copper Price Reversal Could Send Negative Message To U.S. Economy
The price of copper has long been a bellwether indicator of the U.S. economy. Rising copper prices signified economic growth (industry) and often tied...
Why Did Bitcoin Crash Reverse Higher at 30,000?
The climactic selloff and crash in bitcoin and other cryptocurrencies this week came as a surprise to many investors, but not if you paid...
Stock Market Outlook Clouded By Volatility & Mixed Indicators
Our Market Forecast indicator is showing bearish postures on the NASDAQ 100 INDEXNASDAQ: NDX and the Russell 2000 Index INDEXRUSSELL: RUT and lost its...
Can the Major Stock Market Indices Stand Their Ground?
On Wednesday, the four major stock market indices gapped lower based on the failure of the Russell 2000 (IWM) and the Nasdaq 100s’ (QQQ)...
Crude Oil Trading At Critical Inflection Price Point
The past several months have seen the price of crude oil rise substantially. This isn't all that surprising given that the economy is slowly...