Can Nasdaq 100 and Technology Sector (XLK) Hold Key Price Support?
The Nasdaq 100 (NDX) rally came within 7 points of my 1390 target before quickly reversing lower. As we noted on our May 6th...
When The U.S. Dollar Is Not Just A Dollar
With the Xth wave of the pandemic ongoing and a good portion of the world’s population still stuck at home, you would not be alone...
Large Cap Tech Stocks At Critical Time & Price Area
Large cap tech stocks have lost some steam in the past few weeks, with the Nasdaq 100 Index ETF (QQQ) having trouble breaking out...
Which Commodities Are the Safest Way to Combat Inflation?
Recently there has been a surge of articles pertaining to rising inflation as the Federal Government plans to add more debt with upcoming spending...
Is the Nasdaq 100 Reversing From Price Target Resistance?
This is an updated chart of the Nasdaq 100 Index (NDX), which continues to struggle beneath the MOB price target band. I have been highlighting...
Transportation Stock Indices Send Bullish Message About Global Economy
Transportation-related stocks tend to be economically sensitive. So it was no surprise to see them fall sharply last March as the COVID-19 coronavirus gripped...
Retail and Transportation Stocks Attempt To Lead Market Higher
The stock market was buoyed on Monday by strong days from the Transportation Sector ETF (IYT) which closed higher by +1.4% and the Retail...
S&P 500 Index: Elliott Wave May Point Higher Into Next Week
The S&P 500 looks to be making an Elliott-wave 5th wave from the low in March.
Note, this isn't a "final" wave to the entire...
Key Stock Market ETFs Price Support and Resistance Analysis into May 3
Last Thursday the S&P 500 (SPY) and the Nasdaq 100 (QQQ) tested new highs and then gapped lower on Friday showing that the market...
The Chart To Watch For Stock Market Tops
The S&P 500 Index has been making higher highs through the first four months of 2021, along with infrequent pullbacks which have been mild...
