Bitcoin Surges, Rally Targets $25120, Then $36000
Bitcoin has emerged from a multi-year trading base, breaking out to all-time highs. Though the breakout still needs to see follow through buying, bitcoin...
$AAPL Apple Stock Breakout Positive For Broad Market
Apple's stock (AAPL) is breaking out above its October highs. This is certainly a near-term positive for the stock and the broader market.
AAPL is likely...
The Market Can Remain Irrational Longer than You Can Remain Solvent
In the past month we have written about the Russell 2000 (IWM) Index leading the market higher.
Recently, IWM's stellar performance has revealed it as...
Gold Futures Reverse Higher, Eyes On $1880
The price of gold futures has pulled back to its 200-day moving average. This area has provided recent support and may trigger a short-term...
Can Technology Stocks Fuel Year-End Rally?
The U.S. stock market began the week with the major indices gapping higher before reversing lower. In the face of selling, however, the Nasdaq...
Are Transportation and Retail Stocks Signaling Something Ominous?
On Monday the semiconductor sector etf (SMH) and biotechnology sector etf (IBB) held as other sectors of the Economic Modern Family failed to hold...
Will High Stock Valuations and Bullish Sentiment Bring Market Correction?
The sentiment indicators continue to show excessive levels of optimism, even considering the tendency for investors to have plenty of good cheer this time...
Nasdaq 100 Index Momentum Slows, Could Spur Pullback
We are turning bearish on the Nasdaq 100 and S&P 500 Indexes here.
Momentum and trend indicators are turning lower. The Nasdaq 100 lost its...
Bull Market Powers Higher, Crude Oil Breaks Out
Stocks are moving higher in early trade on Monday, as investors cheer on the first round of vaccine rollouts. Currently, the S&P 500 is...
Oil & Gas Sector (XOP) Working For Bullish Swing Traders
As crude oil continues to rally toward our $50+ price target, the energy sector and select stocks remain the beneficiaries.
As mentioned in the article...
