Bitcoin & Ripple Elliott Wave Analysis: Look For More Downside
The Crypto market is in decline as we have been warning for some time.
And, with recent sharp decline and broken channel support line on...
Steel ETF (SLX) Coiling For A Big Move!
Elevated steel prices have consumers (and investors) concerned about inflation. And whether inflation strengthens or lightens up may depend on the next move in...
Is S&P 500 Reversal From Key Fibonacci Level A Warning To Investors?
The month of November was an ugly one for stocks.
Not because they closed lower but because of how they closed the month.
Today's chart looks...
S&P 500 Index Turns Lower As Breadth Indicators Weaken
About a month ago, when the S&P 500 had completed its 6% pullback in September and was once again making new all-time highs, I...
Precious Metals Nearing Bounce Within Elliott Wave Correction
FX market has been relatively slow this week as Fed Chair Powell did not bring anything new in his testimony, so it appears that...
Is A Stock Market Crash Like 2000 Possible?
Say say two thousand zero zero party over, oops, out of timeSo tonight I’m gonna party like it’s nineteen ninety-nine” - Prince 1999
Prince wrote the...
Is the Stock Market Entering a Distribution Phase?
A distribution phase as taught through Mish’s book “Plant Your Money Tree” is when the price of a ticker symbol is trading underneath the...
Are Yields, Transports, and Small Cap Stocks Twin-Peaking At Same Time?
Uncertainty is mounting as the new omicron covid variant adds to economic concerns like inflation.
This week, I shared an article looking at potential topping...
Stock Market Dilemma: Transports and Small Caps May Have Topped
Two extremely important sectors to the economy and U.S. equities market are struggling.
And investors should take notice.
The Transportation Sector ETF (IYT) small cap Russell...
Stock Market Outlook Clouded By Omicron and Inflation Uncertainty
The S&P 500 Index careened 1.9% on Tuesday. While that percentage wasn't as bad as Friday's loss, market breadth was worse with 98% of...