S&P 500 and German DAX To Head Higher After Corrections
Minor weakness in the US Dollar allowed the S&P 500 Index to find support and push higher toward a potential fifth wave of 3...
Bitcoin and Cryptocurrencies Undergoing Healthy Price Reset
Pretty much everyone in crypto is hurting this week, with the overall Cryptocurrency market cap decreasing by over $300 billion since Sunday 11/14.
The first...
Materials Sector (XLB) Consolidates As Bullish Pattern Takes Shape
As stocks continue to march higher, some sectors are consolidating and may need a reset or pullback before the next surge.
One such sector is...
U.S. Equities Bullish Pullback Is Setup For New Highs
We got the pullback we were looking for in the major averages last week.
We'll see if last week's lows hold... if not, the pullback...
Did the Long-Term Treasury Bonds (TLT) Turn Risk On?
On Tuesday, the Long-Term Treasury Bonds ETF (TLT) closed underneath its 50-Day moving average for the second consecutive day confirming a cautionary phase.
TLTs trend...
Bitcoin and Ethereum Elliott Wave Analysis: Be Aware Of More Weakness
As mentioned and highlighted, Crypto Total Market Cap is now breaking below channel support line after a completed 5th wave of a five-wave cycle...
What If Inflation Is Here To Stay?
While consumers continue to face sticker shock when filling up their gas tanks, buying groceries or even paying rent, the debate among economists and...
Stocks to Watch in Top 3 Performing Sectors
Last week the stock market faced a pullback. However, the four major indices closed above Thursday's high on Friday ending the week on a...
Time to Drain the Monetary Stimulus Punchbowl?
For months now, the U.S. Federal Reserve has been hinting that the ‘taper’ of its quantitative easing (QE) program is coming, and last week...
What A Rate Hike In 2022 Might Mean For “Stonks”
On November 3, 2021, Jerome Powell made it clear the Fed only cares about “stonk” prices – and here’s how we see this as relevant to...