Coffee Futures Price Breakout Targeting $198
Coffee futures prices have been consolidating after a big rally. But perhaps that consolidation is over and Coffee is ready to make new highs.
As...
Why 10-Year Bond Yield Is Ready to Make New Highs In 2023
Treasury bond yields (i.e. interest rates) have pulled back to start the year. However, we believe the pullback may have run its course and...
State of the Union Not-so-Subtle Implications for Financial Markets
This week’s State of the Union Address (SOTU) was filled with evidence of inflationary pressures that will keep inflation burning because…
Once ignited, inflation is...
U.S. Economy: Soft Landing or Recession This Year?
The stock market is betting on a Goldilocks scenario. Jerome Powell doesn’t foresee a recession, instead he forecasts a soft landing. Apollo is bettering...
Ulta Beauty Stock With Clean Breakout & Retest Pattern
While many retail and consumer discretionary stocks have been struggling, Ulta Beauty (ULTA) has been thriving.
And it started with a strong sideways base last...
US Dollar Strength: Does This Rally Have Legs?
The US Dollar Index (DXY) turned up from a MOB band target around the 101 area.
I am currently bullish the US Dollar and looking...
Facebook’s Massive Network Hits Milestone in Active Daily Users
Facebook surpassed 2 billion daily active users, a testament to the power of network effects.
As more people joined Facebook, the network became more valuable,...
Stock Market Stuck with a Plethora of Mixed Signals
If you are having a hard time figuring out the market’s next moves, here's a recap:
On the one hand, finally, the high yield bonds...
Semiconductors Reversal Has $SMH Attempting Bullish Breakout!
Last year's stock market decline was punishing and no one was hit harder that tech and growth stocks... and leadership groups like the Semiconductors....
Analyzing the Labor Market Versus the Stock Market
By the time you read this, the buzz of what the Federal Reserve did and Chairman Powell’s presser will be over, at least for...
