Commodity Index Rallies Back To Key Inflection Point
TR Equal Weight Commodity Index "monthly" Chart
After peaking in 2011, Commodities have traded in a tight declining trend channel.
The falling trend channel is marked...
Gold Futures Trading at Make or Break Support Level
Gold Futures Trading Chart for June 8
Gold futures are trading at a make or break critical spot heading into the new week.
To resume...
Stock Market Today: Are Stocks Getting Overbought?
As investors turn the page to a new month (June), they are seeing the wall of worry grow.
Can stocks keep climbing that wall? In...
May Monthly Stock Market Update and Economic Commentary
Stocks rose sharply in May with the S&P 500 Index INDEXSP: .INX gaining 4.5% while the Dow Jones Industrial Average added 4.3%. The NASDAQ Composite...
U.S. Equities Historical Performance Analysis During Inflationary Periods
- Extraordinary times call for extraordinary measures.
- Extraordinary times and extraordinary measures do not usually lead to ordinary outcomes.
In the first part of this...
Gold Reversal Creates Ellipse Buy Signal (Trading Update – May 27)
Gold Futures Trading Chart with Bullish Ellipse
Our recent trading long in Gold futures was stopped out but second chances are nice.
And we have one...
Oil and Gas Sector ETFs Update and Trading Outlook (May 26)
I knew that this picture would become one for the history textbooks!
A while back we pondered whether the worst of the oil market debacle...
Stock Market Update: Looking At The Economic Modern Family of ETFs
Last night I wrote about the price compression on the weekly chart for gold.
Today, the Gold ETF NYSEARCA: GLD closed green but did not...
Why the Bullish US Dollar Theory Is Flawed
Maybe I just love a contrarian view.
My dollar theory differs from so many analysts.
First, I know that the traditional relationship between the dollar, commodities...
A Trip to the 70’s Using Old School Charting
In my April 31st presentation on Stockcharts, I begin by walking you through the Economic Modern Family (Russell 2000, Retail, Biotechnology, Regional Banks, Transportation,...