Bitcoin ETF (IBIT) Triggers Bullish Buy Signal With Higher Price Target
After a prolonged consolidation, Bitcoin has re-asserted its market leadership this week.
The crypto king has broken out of a flag-like consolidation pattern and looking...
Will Bearish Pattern Take Semiconductors (and the Stock Market) Lower?
Over the course of the 15 year bull market, investors have seen important pockets of leadership emerge.
And, as we have highlighted several times, leadership...
Who’s Right: The 10-Year Bond Yield or The FED?
The Federal Reserve met 6 weeks ago to make a decision on the key interest rate. 25 basis points was a gimme with 50...
The U.S. Dollar, Loonie and the Hedge Conundrum
Summary: The U.S. Dollar (USD) has risen a lot lately against most currencies including the Canadian Dollar (CAD). There are many economic/yield reasons for...
Dow Jones Utilities Rally At Resistance; Pullback Next?
Utilities stocks have been surging higher this year.
Once thought of as a conservative hedge-like allocation for investors, Utilities have been performing like tech...
Is the ARK Innovation ETF (ARKK) Ready to Perform?
Considering the bull market of 2024, Cathie Wood’s ARK Innovation ETF (ARKK) - she has 6 ETFs - has seen a lot of sideways...
Market Update: What’s Next for Stock and Commodities?Â
When I am asked to do an interview on the media, the producer(s) ask for my notes on market conditions.
As I will appear at...
Gold, Silver Post 2024 Breakouts: Will Sugar and Soybeans Follow?
If this is truly shaping up to be a time for commodities, especially ones undervalued, then let’s expand beyond gold and silver.
Don’t get me...
Gold Rally Reaches Price Target Near $2800
Gold continues to show strength in October. In fact, gold has been strong all year.
Much of the strength in gold and precious metals comes...
Dow Jones at Risk of Historic Top and Reversal Lower
Unlike other stock indices we’ve written about, the Dow Jones Industrial Average doesn’t show signs of weakness on the charts. However, it shows a...