Turnaround Tuesday: Bitcoin & Cryptocurrencies Bottom?
Over the weekend I showed you a weekly chart of Bitcoin.
That chart showed how clutch this week would be for the coin as the...
Stock Market Concerns? Watch the Transportation Sector ETF (IYT)!
Over the weekend I wrote,
“Bulls want to see IYT hold above its 50-WMA. Otherwise, we believe IYT can get closer to the 200-WMA, but...
Bank Stocks Will Be In Trouble If This Support Fails!
It's September and the stock market is trading just below all-time highs. BUT, volatility has crept into the equity markets.
Uncertain economic data, questions about...
Copper Facing Historic Price Decline If Support Fails!
Copper prices have continued to fall and this decline seems to be in alignment with potentials talks of Federal Reserve interest rate cuts.
When Doc...
Stock Market Update: Will Rally Continue Past Labor Day?
Each week (sometimes more often) I write notes for the various producers in the media.
For this long weekend, I am offering them to you...
Retail Sector ETF (XRT) Nearing Breakout? Keep An Eye On It!
In the Economic Modern Family, the most interesting sector is Retail XRT.
After the strong consumer confidence, the ETF looks like a move over July...
Energy Sector and Stocks Disconnected From Oil Prices
While Canadian energy companies have proven resilient, the recent divergence between commodity prices and energy stock performance warrants closer scrutiny. Despite a notable decline...
After 3 Weeks of Stock Market Rally, Now What?
The lazy days of summer have been anything but lazy.
The last 3 weeks, the Economic Modern Family has gone Outward Bound.
Now that we are...
Gold / US Dollar Price Ratio Making Historic Move!
The price of Gold has been moving steadily higher over the past year, making new all-time highs. It's currently trading over $2500!
And we have...
Not Time to Say Recession… Yet
Ok, we are going to keep this market update a bit shorter, simply because the rise in market volatility had us writing lots of...