Stock Market Records Overbought Clusters, Time For Pullback?
The S&P 500 Index rose 1.62% on Tuesday, but the headlines belonged to the Dow Jones Industrial Average, which closed above 30,000 for the...
Strength of Small Cap Stocks Lead Market Higher
Positive news about a COVID-19 vaccine continues to flow in and the stock market likes it. One of the main beneficiaries of such news...
Small Cap Stocks See Bullish Reversal In Relative Performance!
It's no secret that small cap stocks have under-performed large cap stocks for most of the past decade.
Today's chart highlights the past 20 years...
Will Supply Disruptions Be The New Market Bottleneck?
The Purchasing Managers Index (PMI) release came out today giving insight into the economy's health as the market ramps up with increased consumer sales...
Investors Buy Stocks As Market Enters Strong Seasonal Period
Welcome to Thanksgiving week in the year 2020. The TSA is reporting that more than one million passengers across the country passed through TSA...
Oil and Gas Stocks: Bullish Forecast With price Targets
Market breadth and momentum readings are expanding in the Energy Sector (XLE). One industry ETF within the energy sector that we really like for...
Akamai Stock (AKAM) Bearish Trend Targets $92
Akamai (AKAM) has been a long-term winner... but the short-term has been rough and may continue to be for a while longer.
The lower double top...
Has Reality Hit the U.S. Stock Market?
Monday we talked about positive vaccine news from Pfizer (PFE) and Moderna (MRNA) holding up the market.
Friday proved the market was able to hold...
Why Investors Should Pivot To Value Stocks
The past few weeks have offered a vivid look at the risks caused by the decade-long outperformance of "Growth" stocks over "Value" stocks, as well...
Crude Oil Futures Trading Price Targets: $45 & $50
WTI Crude Oil (December futures contract) reversal higher from its late October lows may still have future upside.
Recent price action on Crude Oil has...
