Financial Markets: Reviewing Weeks 1 & 2 and an Outlook for Week 3
Looking at the Economic Modern Family (weekly charts), to date, they all peaked in December.
The Russell 2000, Regional Banks, Transportation and Retail, as far...
Russell 2000 Rally Nears Exhaustion
The impressive rally in stock indices in recent months has caused us to revise the Elliott wave count we posted here in September for the...
Skepticism Over the OPEC + Oil CutsÂ
Despite the total cuts by all countries added at the November 30th OPEC+ meeting, oil sold off testing key support.
Countries like Angola have threatened not...
Weekend Stock Market Recap / Action Plan: Small Caps, Beans, Oil
Since we came back from vacation, I wrote 3 Daily’s.
The first one was on the Economic Modern Family and how it opened its loving...
Crude Oil is the New Gold: Buy When There is Blood in the Street
Weaker labor market, manufacturing production slowing, new home prices falling and crude oil inventories rising more than expected are all to blame for the...
Crude Oil Elliott Wave Forecast: A Bear’s Playground
The lower high we’ve been expecting in crude oil futures might have happened last week. If confirmed, it would boost the case for a...
Monthly Chart Points to Much Higher Oil Prices Coming
Before we begin, just a note to mention that TLT took out the fast MA featured in the October 10th Daily Update, while SPY underperformed....
Energy Sector (XLE): Will “Long” Moving Averages Hold Again?
Energy stocks have remained strong as crude oil prices remain elevated.
But the Energy Sector ETF (XLE) has traded sideways this year and finds itself...
3 Key Relationships to Help Assess Stock Market Direction
If you are finding yourself fluctuating between bullishness and bearishness, then congratulations!
Hopefully, that also means you are waiting for certain signals to help you...
Can the Widowmaker Natural Gas Resuscitate?
Probably the worst or at least one of the worst performers in the overall market and in the commodities market, natural gas is choppy...
