How Does Coinbase IPO Affect Other Technology Stocks?
The Nasdaq 100 (QQQ) has made new all-time highs on the heels of Coinbase direct listing on April 14th.
Coinbase is currently the most popular...
U.S. Financial Markets Update: The Path To Normal
Over the past number of years there has been a deluge of new data sources. Investors no longer have to wait for company earnings...
TSA Data Shows Americans Ready To Travel Again
One of the most impacted activities as a result of the COVID-19 pandemic was air travel.
Through early 2020, TSA traveler through-put remained depressed, reaching...
Inflation: Making The Complex, Simple
The quarterback signals for the Y receiver in the trips formation to shift left toward the right tackle. At the same time, the running...
Can The Transportation Sector (IYT) Hold Up Stock Market?
The FOMC Minutes report released Wednesday stated little to no change. Interest rates will stay low until 2023 and the monthly $120-Billion bond buying program...
Has the Stock Market Run Up Too Quickly?
Monday, we talked about the momentum in the Transportation (IYT) and Semiconductors (SMH) sectors, which showed strength when compared to the Russell 2000 (IWM).
Tuesday,...
Inflation Is Stirring Beneath The Market’s Surface
With nominal bond yields now back to levels on par with before the onset of the pandemic, one of the most important questions for...
Will $XOP Oil & Gas Sector ETF Trading Buy Signal Hold Up?
Following a price reversal higher, the momentum shift in the energy sector appears to be taking hold.
Although traders need to be selective (and use...
2 Stock Indices Clear Resistance, But Beware This Common Pitfall
During the week's final trading session, both the Russell 2000 ETF (IWM) and the Nasdaq 100 ETF (QQQ) cleared major resistance levels from the...
Is the Retail Sector ETF (XRT) Heating up?
Last Thursday, the Retail Sector ETF (XRT) opened near its 50-day moving average (dma). It closed with a large range on increased volume which...
