GDX Bull Flag Breakout Sends Bullish Message To Gold Mining Stocks
Gold has been working its way higher over the past 5 weeks and the gold mining stocks are reaping the benefits.
Today's chart offers an...
Is The Euro Currency Nearing A Big Decline?
The Euro's rally in recent weeks has reached an area of possible reversal. Here we examine the prospects for a resumed decline in the...
Why Tuesday is Pivotal for the Stock Market
Last Friday the market closed on a high note with a rally off the lows of 05/12.
This was a bullish sign, yet the rally...
Did Bitcoin Put In An Important Trading Top?
Bitcoin continues to not act all that well, at a time when it's become a non-stop topic of discussion in the media these days.
Prices...
Is the Current Stock Market Rally Sustainable?
This past week dip buyers saved the market from breaking lower.
The Retail Sector ETF (XRT) and Regional Banking Sector ETF (KRE) have cleared back...
Nasdaq to S&P 500 Index Ratio Undergoing Important Test!
Tech stocks have been on shaking ground over the past several weeks / few months.
And this shows up clearly in today's ratio chart, pitting...
Pullback Means Bullish Inflection for Gold
After reaching a peak in May 2020, gold has been in a fairly consistent downtrend. In early March, we shared how a confluence of...
Are Transportation Stocks The Market’s Last Hope?
Wednesday, the market continued the prior days' sell-off.
This has placed the overall market trend in a pivotal area as more sectors begin to look...
Can Nasdaq 100 and Technology Sector (XLK) Hold Key Price Support?
The Nasdaq 100 (NDX) rally came within 7 points of my 1390 target before quickly reversing lower. As we noted on our May 6th...
When The U.S. Dollar Is Not Just A Dollar
With the Xth wave of the pandemic ongoing and a good portion of the world’s population still stuck at home, you would not be alone...
