Russell 2000 Index Saved By Hidden Price Support
Wednesday, the major stock market indices along with several key sector ETFs held pivotal price support areas.
In the chart above, we can see that...
Russell 2000 Index: Head and Shoulders Too Obvious?
The Russell 2000 Index has been trading in a sideways, top-like pattern for the past several weeks.
We recently pointed this out while sharing...
Nasdaq 100 About To Draw The Short Straw?
Last week, I published an article here about the potential for a decline on the Nasdaq 100 Index (NDX).
It was the basis for a...
Stock Market Retreats As Small Caps and Momo Slide
The S&P 500 Index sold off (-0.68%) for the second day, but it remains with a strongly bullish intermediate posture according to the Market...
Is Transportation Sector (IYT) the Stock Market’s Silver Lining?
Tuesday, the transportation sector closed green on the day, while the rest of the Economic Modern Family closed red.
The most prominent break of support...
Equity Bull Market… Year 2 or Year 12?
The market moves in cycles with the two key phases being a bull market (good times) and a bear market (bad times). Determining at...
Key Stock Market ETFs Test Important Price Support
Although every member of the stock market ETFs we watch closed down on Monday, none of them broke their major price support areas.
Here is...
Why We Bought Gold (GLD) Before Thursday’s Gap Up
Last Wednesday, Mish went live on Fox Business “Making Money with Charles Payne” and gave out a very bold pick: Gold.
Or, at least bold...
Commodity Prices Reach Rally Inflection Point!
Commodities have been the talk of the town over the past several months, with grains, energy, and metals reaching new multi-month highs over the...
The S&P 500 Index Is Overbought, What Now For Investors?
“Overbought means up a lot.” The Relative Strength Index, or RSI, shows a security’s price momentum relative to its normal price trajectory.
The S&P 500...
