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...
The Federal Reserve: Investors Friend of Foe?
With so much attention being paid to Apple’s stock (AAPL) reaching a valuation of $2 trillion, I decided to see if AAPL’s market cap...
U.S. Equities Remain Strong, Time For Small Caps To Rise
The U.S. stock market is higher today, with small cap stocks (Russell 2000) leading the way and the S&P 500 Index nearing 3400.
The S&P...
Financial Sector ETF (XLF) Warns of Further Weakness As Resistance Looms
Today’s One Chart is the Financial Sector SPDR ETF (XLF), in a follow-up to our post in early June on the confluence of resistance levels....
Walmart’s Blowout Earnings Report Benefits Amazon and Competition
There were several market messages in today’s price action.Â
Starting from the top…
The S&P 500 (SPY) finally closed at an all-time high... and after what...
Stock Market Bulls Cheer As S&P 500 Hits All-Time Highs
The S&P 500 Index achieved its first all-time high (both closing and intraday) since prior to the COVID19 crash earlier this spring; it finished...
Gold Futures Rally Continues, Price Target at $2130
Gold Futures Chart
Gold and silver continued to rally into Tuesday morning, triggering "trading" buy signals in the futures markets.
I am bullish on both August...
Silver Futures Buy Signal Points To $31 Price Target
I am bullish on September Silver futures (and August Gold futures) over the near-term.
I am seeing follow through buy signals emerge for both Silver...
Investors Step Right Up, Place Your Bets
Active management is all about placing bets on companies or sectors that the portfolio management team believes are poised to outperform; and by extension...
Dow Jones Transportation Average Near Important Fibonacci Breakout Level!
The transportation sector is an important part of the US economy. Planes, trains, and automobiles... or something like that.
But the past couple years have...
