Treasury Bonds Weak… But Time For A Bounce
It's been a brutal two year run for treasury bonds. It all started with a spike high on the initial news of COVID (coronavirus),...
Semiconductors (SMH) Test Key Support With Bears Circling!
It has been a volatile week for the stock market, and technology stocks have taken another turn lower.
As we look to Friday and the...
Amazon’s Stock (AMZN) Records Sell Signal, May Decline Below $2000
Technology stocks are amongst the hardest hit in the 2022 stock market correction / bear market.
And when it comes to safety, Mr. Market didn't...
Is the Market “Feeding” the Bears Technology Stocks?
The stock market has seen some ugly action here in 2022. But one thing has become clear: growth stocks have been battered worse than...
Why the Nasdaq 100 (QQQ) Is a Great Trade Example for Thursday
The rate increase came in as expected at half a percent, showing that the Federal Reserve (Fed) is going for the safest play instead...
Crude Oil’s Next Big Move Hinges on Key Resistance Level!
Rising oil prices have been the face of inflation, as everyone sees (and feels) the pain at the gas pump.
So what's next for crude...
Are Transports (IYT) and Retail (XRT) Making Positive Momentum Divergence?
In reference to Monday’s article, we are watching for signs of a reversal in the major stock market indices based on price and momentum.
As...
US Equities Update: Another Bear Market Rally
I have not changed my view that we are in an equity bear market decline.
Within the context of a bear market, countertrend rallies across...
Natural Gas (UNG) Explodes Higher, Eyes Overhead Price Target
Inflation is felt the most with food and energy. Today we look at the latter, focusing on rising natural gas prices.
In particular, we look...
Japanese Yen (FXY) Nearing Major Elliott Wave Low
If you took advantage of our bearish forecast for the Japanese Yen last summer, it's time to start thinking about how to take profits. The recent...