Will Palladium’s Price Drop Pull The NASDAQ Down?
There is something very broken with Palladium. The drop in price has accelerated into September and created one scary chart for traders. This shouldn’t...
Is The Russell 2000 Top In? Or Do Higher Targets Loom?
The Russell 2000 (RUT) has been consolidating for the past several weeks in a wide range. And since the other major US equity indices have...
S&P 500 Technical Update: Lower Support Levels in Focus
The price action in the equity markets over the past few days has been choppy, to say the least. The S&P 500 (SPX) is trading...
US Dollar Strength Continues: Weekly Close Important
The US Dollar has continued to punish those that bet against it. It has been overbought for some time but as most seasoned investors...
Why Tesla’s Stock (TSLA) May Be Headed In Reverse
Tesla Motors has been dominating news headlines lately and has become a darling of the stock market. Recent news included a software update for...
Emerging Markets Update: EEM, BRICs Nearing Critical Juncture
Well, that didn't take long. In just under 6 weeks, the Emerging Markets ETF (EEM) has corrected nearly 6 percent. Today alone, EEM declined 1.52%....
3 Reasons Crude Oil Is Ready To Reverse Higher
The commodities sector has been hit hard by a stronger US Dollar and Crude Oil hasn't been spared. But perhaps the decline in select...
Silver Prices Fall Sharply: Technicals Point To $14
Silver prices continue to drop, as the precious metals sector falls further out of favor. At the time of this writing, Silver futures are...
Rough Week For Precious Metals: Gold Charts In Focus
The Goldman Sachs Precious Metals Index (GPX), ended the week down another 1.55 percent at 1615.28. This closing price has decisively broken the weekly...
Chart Of The Day: US Dollar Strength Slows Emerging Markets
By now, most market participants have taken note of the US Dollar rally. In the early stages of the rally, it was simply a slow...