How Junk Bonds Saved Us from Loading Up On Equities
The Rally failed to carry the major indices past key resistance levels. This can be seen in the above chart of the S&P 500 (SPY),...
Walmart’s Stock Decline Hits Major Price Support!
We are seeing continued signs that the economy is pumping the brakes. Another one came this week as Walmart reported lackluster earnings, causing its stock...
Will Fertilizer Stocks Follow Soft Commodities Higher?
So far, this week has been huge for wheat (WEAT) and sugar (CANE) with both gapping up on Monday and continuing higher. Soft commodities have...
Is the Russell 2000 Setting Up for a Big Move?
The small-cap index Russell 2000 (IWM) tested it's past Friday high Monday at $179.41 but ultimately could not hold. Just above this price level stands...
Euro Currency ETF (FXE) Elliott Wave Trading Outlook (Year 2022)
If you've seen our recent posts about the Japanese Yen ETF and the Dollar Index, you know we're watching for a significant reversal in currencies later this...
3 Stock Market Sectors With Hidden Momentum
Mish’s Economic Modern Family looks to have found temporary support as each of the members has closed over the prior day's high providing relief...
Euro Currency In Big Trouble If This Support Fails! (Markets Watching)
There is a lot of economic change/concern brewing at home and across the Atlantic Ocean in Europe right now. With the war in Ukraine...
Should Investors Sell In May In 2022?
Every spring, investors once again quote the market maxim, "Sell in May and Go Away." Based on seasonal tendencies of the S&P 500 index over...
Is The Commodities Bull Market Nearing Another Breakout Buy Signal?
Commodities have been one of the few winners in 2022. But with elevated commodity prices, consumers are now left with an ugly dose of...
US Dollar Overheated, Time For Consolidation (Elliott wave analysis)
Before we enter into a currency trade, we first want to know what the Dollar Index is doing. Having a good forecast for DX...
