Rates Increase and Transportation (IYT) Clears its Major Moving AveragesÂ
Wednesday, the market rallied into the Feds rate announcement, showing speculator's optimism given the current downward trend.
It also helped that Monday, the Nasdaq 100...
Stock Market Outlook Brightens As Indices Try To Reverse Higher
The S&P 500 Index rallied strongly and finished higher by 2.14% on Tuesday. 88 percent of its components finished higher with only Energy stocks...
Are Chinese Stocks About To Head Lower?!?
The Chinese stock market has struggled mightily over the past several weeks and months.
And today's "monthly" chart of the Hang Seng Index highlights this....
Has the Nasdaq 100 (QQQ) Reached its Breaking Point?
The overall trend in the major stock market indices is downward.Â
Though we’ve had small rallies, our last jump in price was minor and right...
Is Tech Stocks “Fall” From Leadership a Short or Long Term Deal?
Over the past several months, growth stocks have begun to fall behind value stocks. And this theme can easily be seen in the growth...
U.S. Stock Market Indices Navigating Commodities Surge
The major stock market indices ended the trading week on a weak note with the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) closing...
Is NYSE Stock Index Peaking Near Top Of 35 Year Price Channel?
One of the broadest stock market indices is flashing a warning sign. Is any one watching?
Joe Friday is.
Today's chart takes a long-term "monthly" view...
Will Oil’s Price Decline Offer A Lift To Stock Market?
Oil makes a reversal pattern and rejects its 80-month moving average; however, will the overall trend stay intact, or has Wednesday signified an end...
Could Peak Oil Be Happening Right Now?
Crude oil prices (and everything else) started rising with COVID and supply chain issues. And now that we are adding sanctions on Russia and...
Is S&P 500 Bullish Divergence Signaling A Bottom For Stocks?
The US equity markets essentially topped out in November of last year.  While the S&P 500 index actually made a higher high in January 2022,...
