Transportation ETF (IYT) Holds Support, Gives Stock Bulls Hope
So far these last couple of weeks, we have written and talked about trading ranges, January calendar ranges, inflation, stagflation and precious metals.
And, we...
Russell 2000: Making Sense of New Highs… New Lows
The Russell 2000 breached lateral support this week as a bear market descended upon small cap stocks..
Just behind small caps are tech stocks, as...
Nasdaq Weakness Has Bears Circling Tech Stocks!
One theme over the past several months has been tech stocks under-performance. And 2022 seems to be amplifying this theme as we kick off...
Stock Market Forming Trading Range… Within Trading Range
As we now enter the second half of January in a new year, the persistent trading range continues.
Particularly in the small caps or Russell...
Bitcoin and Ethereum Bounce Ending as Elliott Wave Cycles Turn Lower
The US Dollar is trading higher this week as US bond yields continue to rise based on hawkish Federal Reserve policy.
We see stocks in...
10-Year US Treasury Bond Yield Signals Trading Reversal
US treasury bond yields have been in the news as investors fret over almost certain interest rate hikes this year.
How many? Two, three, four,...
Are Bitcoin and Ripple Setting Up For Elliott Wave ‘Bounce’?
There are no big changes in the Crypto-currency market. It is still in the neutral zone on an intraday basis.
That said, we can see...
2022 Investment Outlook For Stocks and Bonds
Stocks are priced for perfection. Bonds trade at historically low yields despite 7% inflation. What could go wrong?
As fiscal and monetary support for the...
Inflation Fears Subside If US Dollar Breaks Out Higher!
Current data suggests that inflation has been in our everyday lives for several months. And today's Producer Price Index data was pretty ugly.
BUT... could...
Can Silver And Gold Breakout From Stagnant Price Action?
Everyone knows inflation is on the rise and with the latest year-over-year inflation numbers up 7%, investors are finally getting the picture that market...
