S&P 500 Index Breaks Support, New Downside Targets Emerge
S&P 500 Index Futures Trading Chart (September 21, 2020)
As I noted in my September 20 report to clients, “if we see weakness that breaks...
Is the Nasdaq Peaking At Important Fibonacci Price Target?
Nasdaq Composite "monthly" Chart
The Nasdaq has been the unparalleled leader of the stock market in 2020, having rallyied furiously off the COVID-19 crash market...
Stock Market Declines Sharply Through Key Price Support
The stock market's losing streak has reached 3 weeks and volatility is picking up. As well, key indices like the S&P 500 NYSEARCA: SPY...
Recent Buying In Biotech Sector Could Benefit Newer Companies
With companies like Pfizer (PFE) giving possible hope for an end of year vaccine and a recent gap up in Nasdaq Biotechnology ETF (IBB),...
Gold Price Compression Will Lead To Big Future Move
A lot of Gold bugs were excited for the Federal Reserve meeting this past week, seeing that decision as a potential catalyst for a...
Gold Futures Headed Higher As Trend, Momentum Turn Up
Precious metals continue to out-perform other assets this year and both Gold and Silver remain bullish in my view.
Over the past several months, I...
Implied Volatility Cycles Point To Turbulent October For Stock Market
Today's article takes a quick look at implied volatility cycles to forecast future turbulence in the stock market, particularly in October.
In the chart below...
Stock Market Today: Decline Oversold and Near Support
Stocks are falling yet again on Friday as the weekend nears. Several major stock market indices are oversold and nearing price support levels that...
Stock Market Update: How To Stay On The Right Side
Yesterday, we were watching the VXX to gauge fear in the market.
Today it gapped higher and then continued to sell off while the indices...
Stock Market Bullish Percent Signal Remains Below 30%
Stocks rallied into mid-week before turning lower after the Federal Reserve Statement Thursday. Stocks are struggling to hold key price support levels and a...
