Russell 1000 Growth Index Out-Performing Value; Bullish Trend for Stocks
The mid-to-large cap areas of the stock market continue to move higher in a bullish trend. But not all stocks are on equal footing.
The...
Federal Reserve Outlook Changes Slightly: What’s Next?
Summary of the Federal Reserve Decision (Kobeissi Letter):
1. Federal Reserve leaves rates unchanged for 7th straight meeting
2. Officials raise 2024 inflation forecast from 2.4%...
What Unties the Stock Market’s Gordian Knot?
A Gordian Knot comes from Greece during Alexander the Great’s march.
It has become a metaphor for a problem solvable only by bold action.
Every investor...
Natural Gas Rally Trading Into Breakout Resistance
After a long and steady decline, natural gas prices finally look like they may be bottoming.
Or at least neutralizing the situation.
One factor that might...
Precious Metals: Did Gold, Silver Decline Change Bullish Trend?
While we never profess buying a falling knife, we do believe that the metals are probably setting up for a buyable dip this coming...
Start of Stock Market Correction or a Summer Rally?
On June 3rd I recorded a 20-minute video for StockchartsTV.
The thesis is to explore whether we are at the beginning of a market correction or...
Swiss Franc: Dreams Really Do Come True
On March 26, 2024, I wrote a Daily called, “Last Night I Had a Crazy Dream-Swiss Franc”
In the blog, I mentioned that,
“I literally woke...
Long Bonds Rally: Should Investors Pay Attention?
After a huge down move that began in December 2021, the long-dated treasury bonds ETF (TLT) has had a few shallow short-covering rallies, but...
Is the Materials Sector ETF (XLB) Nearing Breakout?
Materials stocks rallied today, ending the week and month on a positive note.
The rally pushed the Materials Sector ETF (XLB) up +1.2% for the...
Will Tech Stocks Turn Bearish Here?
Technology stocks have continue to lead the broader market higher in 2024, posting new high after new high.
At the same time, this is the...
