Crude Oil Elliott Wave Analysis: Nearing Bearish Reversal?
Crude oil futures appear to have begun the next big downward push which could persist into autumn or winter. On a faster time frame...
Transportation ETF (IYT) Is Crashing Without Breaking News
Once again, while semiconductors roared to new highs, Transportation as seen through IYT the ETF, sold off.
Retail XRT closed marginally green after better than...
Do Gold and Silver Still Have More Trading Upside?
Precious metals have been very bullish in 2024.
Gold recently recorded new all-time price highs. And silver has made new multi-year highs.
After some backing and...
Stock Market Update: Eyes On The Transportation Sector (IYT)
For the sake of redundancy and in case you are living under a rock and just came out to read my Daily, Nvidia (NVDA)...
Is Amazon’s Stock (AMZN) Ready For A Deeper Pullback?
Technology stocks remain market leaders and have willed the market to new highs.
But leadership is overbought. And some tech stock leaders are trading heavy...
Are Semiconductor Stocks Targeting Much Higher Prices?
Technology stocks remain hot as semiconductor stocks like Nvidia (NVDA) continue to lead the way higher.
In that light, we take another look at...
Is Gold Miners ETF (GDX) Nearing Historic Breakout?
Gold prices have moved steadily higher and this has provided a strong tailwind to gold mining stocks.
Today, we'll highlight a very bullish setup in...
U.S. Stock Market Trends Still Bullish Intermediate Term
When reviewing most of the major U.S. stock market indices, you will see that despite the pullback off the March highs, they are well...
Important Gold Price Ratio Is Breaking Out!
2024 has been filled with headlines about stock market highs and stocks such as Nvidia. But one major asset and commodity that is making...
The One Chart to Watch as S&P 500 Makes New All-Time Highs in May...
This week was phenomenal for risk assets! The S&P 500 and the Nasdaq 100 both reached all-time highs, and the Dow Jones even briefly...
