What To Make Of Commodities Reversals
Tuesday, many commodity ETFs gapped lower while the major indices gapped up.
Additionally, the Russell 2000 (IWM) finally cleared its pivotal price level at $209.
However,...
Can Silver (SLV) Follow Meme Stocks Higher?
Though it’s easy to forget about meme stock as they’ve been out of focus for a while, the big two have made a comeback...
Is Gold Miners ETF (GDX) Headed Back Up Over $40?
At the beginning of March, we shared a buy setup for the Gold Miners ETF (GDX) and that trade worked out quite well.
Today, we...
Rates Increase and Transportation (IYT) Clears its Major Moving Averages
Wednesday, the market rallied into the Feds rate announcement, showing speculator's optimism given the current downward trend.
It also helped that Monday, the Nasdaq 100...
Elliott Wave Says GOLD and Silver Have Room For Deeper Correction
The US Dollar is trading at elevated levels, even accelerating as Gold and Crude Oil trade lower (which is positive for the USD).
A stronger...
U.S. Stock Market Indices Navigating Commodities Surge
The major stock market indices ended the trading week on a weak note with the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) closing...
Timing Trade Entries On Fast Paced Sector ETFs
The past couple of weeks have given us a new range to watch in the stock market.
A positive jobs report has been seemingly muted...
Gold Miners (GDX) Look Ready To Move Higher
Gold prices are pushing higher as as the war in Ukraine takes centerstage.
And as gold prices move higher, it only adds fuel to the...
Can Stock Market Hold Up Amidst Soaring Commodities?
Last week the major indices made a successful rally back into a short-term support area. However, many see the price move as a rally back...
Gold Nears Inflection Point, As Narrowing Pattern Echos Key Currencies
The price of Gold has been consolidating for several months. And just when you think it's going to breakout, sellers show up.
But Gold hasn't...
