Is There a Future for Oil and Gas Exploration?
In the past couple of weeks we’ve talked about the rise of Oil and Gas Exploration stocks.
Friday, the Oil and Gas Exploration ETF (XOP)...
Copper Bulls Getting Greedy As Price Reaches Resistance
Copper has rallied in a straight line higher for the past several months. But this rally may be overheating right now!
In today's chart, we...
S&P 500 Approaching Elliott Wave 5 Top
During the past several years, we have emphasized each major pullback in equity indices as a buying opportunity and have avoided long-term bearish pronouncements....
Can Stock Market Refuel With Growth Stocks?
The major stock market indices have traded in a consolidation pattern this week, albeit at new highs. This sideways-to-higher grind can be considered a...
Bitcoin Breakout Measures To 37000
“The broader the base, the higher in space.”
It may have been one of my mentors, Ralph Acampora, who first shared that market maxim with...
Is The US Dollar About To Reach A Melting Point?
It's been 20 years since the last major peak in the US Dollar. Could the greenback's latest turn lower confirm another peak?
Today's chart takes...
90% of Stocks Above Key Moving Average, Bullish or Bearish?
Investors are bringing "cheer" to December as the major stock market indices continue to trade at record highs. Stock market breadth indicators remain bullish...
Oil and Gas ETF (XOP) Undergoing Long-Term Trend Reversal
The energy sector has been an unpopular investment sector for some time. But the energy sector has been basing for a while now and...
Dow Industrials Test Super Breakout Price Level!
The Dow Jones Industrial Average has survived several market scares over the past 5 decades, including the 1987 crash (Black Monday), Tech Bubble, Financial...
Investors: Is Junk (Bonds) Worth More Than Gold?
In Santa Fem New Mexico we awoke with freezing temperatures and fresh snow.
This week the state lifted the current lockdown with restaurants now being...
