3 Things Need to Align for Stock Market’s Next Big Move
Currently, the small-cap index Russell 2000 (IWM) is leading in momentum compared to the S&P 500 (SPY) and the Nasdaq 100 (QQQ).
Looking at our...
EURUSD Currency May See Further Upside On ECB Actions
EURUSD currency trading is slow for the start of the week due to the holidays in Germany.
The pair, however, may not move much until...
Why We are Focusing on Alternative Energy Stocks
It has been a tough year to pick winning stocks, and with more uncertainty ahead, now is not the time to be heavily invested...
Bullish Pattern Could Send Gold Prices Much Higher!
Gold prices and precious metals bulls have been biding their time.
While gold has traded sideways-to-lower, bullish investors have simple sat tight, waiting for a...
What Does a Trading Range Look Like?Â
Buying ahead of taking out last week's high was premature.
Getting overly negative unless we fail last week’s low is equally premature.
I realize how sexy...
Financial Stocks May Point To Market’s Next Move
Every day, we hear about inflation and the potential for a recession. Don't get me wrong, they are both either here (inflation) or very...
S&P 500 Rally: Fibonacci Retracement Levels To Watch
When we were in the throws of the last whoosh lower for the stock market, I wrote an article sharing important Fibonacci levels to...
Why Oil and Energy Stocks Should Remain On Your WatchlistÂ
Energy plays have some of the best chart setups right now from a momentum breakout standpoint.
A perfect example of this can be seen in...
Is $SNAP Stock Collapse Nearing “Eiffel Tower” Completion?
The 2022 bear market has seen several stocks fall sharply, especially tech stocks.
And this has made it easy to find "eiffel tower" patterns of...
Has Stock Market Selling Become Exhausted?
For the moment the downward trend stays intact as the market and media embrace more negative news.
News of a housing market top, increasing inflation,...