Hard-Hit Energy Sector Needs More Than Stimulus Bill
The price of Crude Oil, Natural Gas, and related energy stocks have been decimated this year (2020).
The trends lower were already in place coming...
Crude Oil Correction Almost Over, Time for a Rally! (#ElliottWave Video)
Crude oil moved sharply down during the coronavirus lockdown back in March, but energy quickly turned bullish again with economic stimulus packages coming into...
Is Inflation On The Horizon? Watch This Market Chart!
In Thursday's speech from Jackson Hole, Federal Reserve Chair Jay Powell said he is targeting inflation.
Perhaps the market is seeing something similar. This prompts...
Stock Market Outlook: Bulls Ride ‘3 Green Arrows’ Higher
The S&P 500 Index finished higher for the fourth straight session and closed higher by 0.36%; it achieved another all-time closing and intraday high.
The...
Commodities Base Breakout Should Concern Investors: Here’s Why
Today’s chart is one that every investor should keep an eye on, but most will not because that double bottom base breakout pattern is...
Commodities Rally Runs Into Big Breakout Test
Commodities Index Equal Weight "monthly" Chart
After a 9 year tail-spin, Commodities are starting to show life in 2020.
Precious metals have been very strong, and...
Stock Market Outlook: Equity Bulls Ride Leaders Higher
After a 5-day win streak, the S&P 500 Index fell by 1.08% Tuesday, but it maintains its strongly bullish intermediate posture according to the...
Natural Gas “Island” Bottom, Momentum and Buffett’s Buy
It's rare to see an island bottom.
However, the one in UNG or the ETF for natural gas had a classic one.
After making new all-time...
Market Outlook (July 6): Are Key Commodities On Verge of Breakout?
Based of stock market futures, the 3 day weekend did nothing to slow the recent equities rally. All major indices are pointing strongly...
Commodity Bulls Are Eyeing Important Currency Market Tests!
US Dollar versus Euro and Aussie Currency Chart
The US Dollar sell-off and subsequent rallies in the Euro and Aussie Dollar have given commodity bulls...
