US Dollar Overheated, Time For Consolidation (Elliott wave analysis)
Before we enter into a currency trade, we first want to know what the Dollar Index is doing. Having a good forecast for DX...
Corporate Earnings Update: Consumers Keep Spending Amidst Volatility
The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon.
Executive Summary
Consumer activity is strong, but there are some...
Should the Fed Entertain .75% Interest Rate Hikes Going Forward?
Inflation is a spotlight topic in the media with more reports and predictions surfacing every day.
Since the Fed has been sorely wrong on its...
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...
Japan Inflation: A Liquidity Crisis In The Making
I ended Liquidity Crisis in the Marking- Japan’s Role in Financial Stability- Part 1 with the following quote regarding inflation from BOJ Governor Haruhiko Kuroda:  “The BoJ...
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...
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...
Can Stock Market Clear Key Resistance Into Fed Announcement?
This Wednesday the Federal Reserve (Fed) will announce an interest rate increase. So far, expectations are for +0.5%.Â
While some believe this is too high as...
Peak Earnings Season: Energy Stocks Set To Report Big Profits
The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon.
Executive Summary
Traders' eyes turn to big oil as big...