Gasoline Futures Surge: A Look Back… and Ahead
I was chatting with Andy Nyquist, SeeItMarket founder, earlier this week. I mentioned that my first post to the site was over...
Stock Market Update: The Importance of the 50-Day Moving Average
Tuesday, we talked about a reversal chat pattern in the Nasdaq 100 ETF (QQQ) that was created from the price clearing over...
How Concerning Are High Stock Market Valuations In 2021?
There is no denying the U.S. stock market is expensive. Even based on consensus forward-earnings estimates, the S&P 500 Index trades at...
Financials vs. Technology Stocks – Which Sector Leads?
The financials sector $XLF has long underperformed the technology sector $XLK. But something changed in September 2020,...
$TSLA Tesla Stock Reversal Triggers Buy Signal for Electric Car Giant
I am not an Elliott wave specialist, but I do use that methodology to help qualify wave 4 pullbacks in an uptrend. ...
Are Rising Interest Rates Spooking Equity Markets?
The U.S. stock market is in the midst of a mild selloff, seeing some sectors (tech, growth) hit harder than others. The...
Is Rising Inflation About To Hit U.S. Economy In Big Way?
Inflation seems to be a thing of the past... but current trading in bond and commodity markets tell us that it could...
Stock Market Swoon Reverses Higher (Bullish Signal)
The S&P 500 Index finished higher by 0.13% on a wild day of trading; it was only the 11th time in the...
Nasdaq 100 ETF (QQQ) Makes A Rare Reversal Pattern
On Tuesday, the Nasdaq 100 ETF (QQQ) broke the 50-day moving average before an end of day reversal and rally brought it...
Tech Stocks Selloff Nears Big Price Support
Last week, I posted a note about Apple (AAPL) violating an important trend line and how that could trigger a broader selloff....
