Estée Lauder (EL) Earnings Miss Likely a Stock Bottom
Estée Lauder (EL) reported earnings last Thursday, posting an adjusted loss of 50c which missed consensus forecasts of a 19c loss
Revenue came in at...
Gold Futures Trading Update (August 21): Watch Support!
The Gold rally has been fast and furious.
Throughout the way, I have issued several trading "buy" signals, and a few short-term "sell" signals.
Yet all...
What A Bullish Intermediate Stock Market Trend Looks Like
Stocks have remained elevated longer than investors imagination this year.
A Crash, a pandemic, political disarray... no problem.
Several U.S. stock market indices and sectors are...
Bifurcated Stock Market Frustrating Bulls and Bears
Not all stock market indices are moving to new highs, and it's important to reiterate this point.
The Dow Jones Industrial Average, Russell 2000,...
Silver / Gold Ratio Records Biggest Rally In 13 Years!
Precious metals have been a red-hot investment in 2020.
Gold briefly broke $2000 this month, while Silver touched up near $30.
But it's been the rally...
Stock Market Update (for August 21): A Secret Buy Signal
Today was the first time that the S&P 500 ETF (SPY) opened lower than the prior day’s low since July 24th. The same...
Bond Spreads Deviating From Reality: Will Investors Heed Warning?
“The current environment may be more uncertain and riskier than any we have seen in our lifetimes. Yet, spreads say the future has never...
Stock Market Outlook: Pullback After Options Expiration?
The Market Forecast for the S&P 500 Index is showing a mature and tired intermediate posture with an over-extended near-term line.
This pattern suggests options...
Is The Gold Rally Stalling Out In August?
Gold / US Dollar Ratio "monthly" Chart
Gold has been a peak asset performer in 2020.
And a weakening US Dollar has fueled the latest surge...
Bitcoin Top? Watch This Yearly Pivot Level!
$BTCUSD Bitcoin Chart
Bitcoin $BTCUSD is currently testing the 2020 yearly pivot points (YR1).
Last year, the 2019 yearly R1 pivot point was strong resistance and...
