The Stock Market Requires 7 Pairs of Eyes!
These are the weekly charts of the Economic Modern Family.
We begin by featuring the original six.
We will then look at our 7th member, and end...
Russell 2000 Rally Pushes It Over July Calendar Range
Very Simply, small caps are on fire!
Note the small green horizontal line.
That is the new July 6-month calendar range high.
IWM handled it like a...
Silver Breaks Out; Short-Term Price Target $34
Precious metals continue to show strength with both gold and silver at or near multi-year highs.
And the sector may get another bullish boost from...
The Biotechnology Sector ETF (IBB) Clears Price Resistance
On June 24, 2024 I wrote a daily called, Biotechnology Sector IBB Breakout Comes To Life:
“IBB sits just below the 200-WMA. Plus, he is in the...
Can Momentum Build In Small Cap Stocks?
We have heard many discussions on whether small cap stocks and the Russell 2000 ETF (IWM) really matter for the broader stock market.
Here are...
Sugar Is An Important Inflation Barometer… And It May Be Heading Higher
Mother Nature can be such a B@*^H!
On March 6, 2024 I wrote a market update on sugar and inflation.
The biggest takeaway is:
We will know...
What Is Happening with Government Bonds and Junk Bonds?
Statistically, one of the most bullish days of the year, July 1st was rather surprising.
Our family of stock market ETFs was not so happy on...
Will Silver Prices Breakout Above Falling Resistance?
Precious metals have been very bullish over the first half of 2024.
And in particular, Gold's breakout to new highs came just when everyone thought...
Software Sector ETF (IGV) Breaking Out of 4 Month Consolidation
Technology stocks have been market leaders. And over the past couple weeks, the broader tech market has been consolidating gains.
It's been a longer consolidation...
How Important is Lithium in Making Electric Vehicles?
On the heels of the $5 billion investment JV announcement between Volkswagen and Rivian, we always like to examine the raw material side.
Lithium plays...
