Stock Market Outlook: Price Action Remains Bullish
The S&P 500 (SPY) finished flat on Tuesday (+0.04%), but it was actually quite a bullish day under the hood; the index saw advancers...
The Stock Market’s Power Couple: $IWM $XRT
The Russell 2000 (IWM) and Retail sector (XRT) make the perfect power couple.
The Russell 2000 (IWM) followed Retail (XRT) to new highs today while...
Gold Futures Record Ellipse Buy Signal, $1860 Important
Recent selling in gold futures has been strong and swift. However, the price of gold is trying to reverse higher yet again.
I remain...
Market Update: Stocks Consolidate But Trend Remains Bullish
The stock market rally took a breather on Monday, as Nasdaq 100 Index and large cap tech stocks lead the market lower. Stock market...
Where Have All the Silver Bulls Gone?
A week or so ago, silver was all the rage.Â
The talk ranged from an inflation indicator, to the industrial usage to the outperformance to...
S&P 500 Index Enters Pullback Window
The latest leg higher in the stock market is nothing more than a continuation of an up-trend (and broader rally).
But if I didn't say...
Inflation Theme Gathers Steam On Surge In Stocks, Commodities
Last week saw all time high closes for major stock indices such as the Dow Jones Industrial Average, S&P 500 Index and Nasdaq Composite....
FedEx Stock (FDX) Decline Targeting $215 Price Support
It's been a rough month of trading for FedEx stock (FDX), seeing the stock price fall from over $300 down into the $240's. And...
Here’s Why Gold Could Be Headed To $3000
In the spring of 2020, I highlighted the potential for a very bullish long-term pattern for Gold.
That pattern was the popular "cup with handle"...
Corn Futures Market Outlook: USDA In Focus This Week
Once again, grain traders find themselves waiting with bated breath on the USDA's much anticipated January 2021 WASDE and Crop Production reports on Tuesday,...