U.S. Stock Market Update: Watch The 50-Day Moving Averages!
The Russell 2000 (IWM) and Nasdaq 100 (QQQ) have yet to clear over their 50-Day moving average which has created a pivotal and psychological...
Nasdaq 100 and $QQQ Bearish Trading Price Targets
I have had a cautious view on the Nasdaq 100 Index (NDX) and ETF (QQQ) and the recent price action solidifies that view.
The Nasdaq 100...
Are Treasury Bonds (TLT) Reversing Lower Again?
After a period of consolidation, treasury bonds may be set to move lower once more.
As you can see in today's chart of the long-dated...
GDX Bull Flag Breakout Sends Bullish Message To Gold Mining Stocks
Gold has been working its way higher over the past 5 weeks and the gold mining stocks are reaping the benefits.
Today's chart offers an...
Is The Euro Currency Nearing A Big Decline?
The Euro's rally in recent weeks has reached an area of possible reversal. Here we examine the prospects for a resumed decline in the...
Why Tuesday is Pivotal for the Stock Market
Last Friday the market closed on a high note with a rally off the lows of 05/12.
This was a bullish sign, yet the rally...
Did Bitcoin Put In An Important Trading Top?
Bitcoin continues to not act all that well, at a time when it's become a non-stop topic of discussion in the media these days.
Prices...
Is the Current Stock Market Rally Sustainable?
This past week dip buyers saved the market from breaking lower.
The Retail Sector ETF (XRT) and Regional Banking Sector ETF (KRE) have cleared back...
Nasdaq to S&P 500 Index Ratio Undergoing Important Test!
Tech stocks have been on shaking ground over the past several weeks / few months.
And this shows up clearly in today's ratio chart, pitting...
Pullback Means Bullish Inflection for Gold
After reaching a peak in May 2020, gold has been in a fairly consistent downtrend. In early March, we shared how a confluence of...
