S&P 500 Support Levels: Why 2040 and 1970 Are Important
The S&P 500 (SPX) has been in consolidation mode since early March, forming a wedge pattern. Since the longer-term trend is higher, a breakout to the...
Emerging Markets (EEM) A Mixed Bag In 1st Quarter 2015
A stronger U.S. Dollar has weighed on the economies of many Emerging Markets, and in turn, levied some damage to EM equities as well. But...
Yahoo Stock Rallies Off Key Support: Next Move Important
On a day to day basis I truly have NO IDEA what the fundamentals are doing. That's because my specialty is advanced charting patterns....
Corn Prices Rallying On Dollar Weakness, Wheat Still Sinks
Wednesday was a tough day for the grains, with Corn prices falling over 1 percent and Wheat prices lower by over 4 percent. But this...
Why Best Buy Stock (BBY) May Be Running Out Of Steam
Best Buy stock (BBY) has been on an amazing run rallying over 65% since the start of 2014. Is it time to take to...
Sector ETFs In Focus: Healthcare Leading, Utilities Improving
When the markets get choppy or begin to consolidate, it's a good idea to understand what's happening under the surface. Market breadth indicators (like...
March Federal Reserve Meeting: Economy Slowing, Party On
The Big Macro Event that had been hanging over the stock and bond markets the last month was finally resolved last week when the...
Silver Prices, Sentiment Trying To Bottom: ETF Levels To Watch
While many point to the Federal Reserve as the tide that raises all ships, the boats carrying commodities have all but sank over the last...
US Dollar: Indicator Most Overbought In More Than 15 Years
The US Dollar is finally taking a breather. Back on January 27th, I mentioned that the US Dollar Index looked exhausted after a monster run...
Non-Correlated Market Musings: About the Benjamins (Vol. 3)
Monetary Existentialism
People who study the theory of money have always struggled with the epistemology. Economist Arnold Kling quotes this from historian Yuval Harari's Sapiens:...
