Will Gold Miners (GDX) Decline Find Support At $30?
It's been a rough past few weeks for the Gold Miners ETF (GDX).
A bearish reversal in April has sent shares spiraling into May, down...
S&P 500 Bear Market Fibonacci Price Levels To Watch
Many active investors (and everyday 401Kers) are asking how low the market will go?
While t's difficult to forecast lows in a bear market (or...
Unique Commodities Indicator Pointing To Treasury Bonds Rally
Higher commodity prices have seeped into every day costs (food and energy), and at the same time, interest rates have also been rising.
That's a...
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...
