S&P 500 Risk Off? Watch the Put-Call Ratio and US Dollar
As we all know the stock market has recovered very sharply and fast since March when we saw a strong drop following coronavirus lockdowns.
The...
Are Bullish Investors Right to Factor Vaccine Into Market Prices?
Vaccine hopes continue to spur investor confidence that an economic rebound is in swing and could get a boost in the months ahead. Whether...
Will the Bull Market Grind Higher Into Year-End?
With stocks holding near all-time highs and commodities showing recent strength, investors are bullish heading into the holiday. The financial markets are also expecting...
Is There a Future for Oil and Gas Exploration?
In the past couple of weeks we’ve talked about the rise of Oil and Gas Exploration stocks.
Friday, the Oil and Gas Exploration ETF (XOP)...
Copper Bulls Getting Greedy As Price Reaches Resistance
Copper has rallied in a straight line higher for the past several months. But this rally may be overheating right now!
In today's chart, we...
S&P 500 Approaching Elliott Wave 5 Top
During the past several years, we have emphasized each major pullback in equity indices as a buying opportunity and have avoided long-term bearish pronouncements....
Can Stock Market Refuel With Growth Stocks?
The major stock market indices have traded in a consolidation pattern this week, albeit at new highs. This sideways-to-higher grind can be considered a...
Bitcoin Breakout Measures To 37000
“The broader the base, the higher in space.”
It may have been one of my mentors, Ralph Acampora, who first shared that market maxim with...
90% of Stocks Above Key Moving Average, Bullish or Bearish?
Investors are bringing "cheer" to December as the major stock market indices continue to trade at record highs. Stock market breadth indicators remain bullish...
Oil and Gas ETF (XOP) Undergoing Long-Term Trend Reversal
The energy sector has been an unpopular investment sector for some time. But the energy sector has been basing for a while now and...