U.S. Stock Market Correction: How Far Will Stocks Fall?
As I mentioned in my September 22 research post, the S&P 500 Index formed a negative Money Flow Unit (MFU) this week. This is...
Why Investors Want 50% Of Stocks Above 200-Day Moving Average
My broad stock market analytical approach is comprised of three main steps: Price, Market Breadth and Investor Sentiment.
First off is price. If you ask...
This Week’s Stock Market Rally Fueled By Growth Stocks
The recent stock market decline has seen the Nasdaq and Nasdaq 100 ETF (QQQ) selloff sharply, as growth stocks stumble. But the selloff may...
Lumber’s Biggest Price Reversal In 30 Years Adds To Market Concerns!
Lumber Futures Prices versus S&P 500 Index Performance Chart
One unsung market indicator is the price of lumber. It is a key indicator of the...
U.S. Stock Market Rallies, But Red Flags Exist
The S&P 500 Index INDEXSP:.INX rose 1.05% but it continues to have a strongly bearish intermediate posture according to the Market Forecast technical indicator.
Tuesday's...
Investors Should Watch Junk Bonds While Waiting For Stimulus Bill
Yesterday Mish talked about watching the Junk Bonds ETF (JNK) to see if the Fed would continue supporting high risk companies. Â
Today JNK had an...
Qualcomm (QCOM) Stock Price Reversal Triggers Buy Signal
I like the pullback on Qualcomm stock NASDAQ: QCOM as price held the 50-day moving average and lower end of the regression trend channel.
The...
Nasdaq 100 Bottom? Index Needs To Break Down-Trend First…
The Nasdaq 100 and ETF (QQQ) is on our watch list given the late snapback that helped prices close positive for the day.
This comes...
Is Gold/US Dollar Ratio Sending Bearish Signal To Precious Metals?
Gold / US Dollar Ratio Chart (monthly price candles)
Last month, I featured this Gold / US Dollar ratio chart in an article warning of...
Will Nasdaq 100 Price Reversal End The Correction?
Trading was getting ugly on Monday when the broader stock market decided to reverse course, lead higher by the Nasdaq 100 Index INDEXNASDAQ: NDX...