Skyworks Stock (SWKS) Breaking Out, New Highs Likely
The strong technical position of Skyworks stock (SWKS) placed it on our radar recently.
But the stock turned outright bullish as it broke out above falling...
S&P 500 Rally Nearing Important Trading Time/Price Area
The S&P 500 Index could make an initial peak at 4100-4110.
Time-wise, this should occur Friday/Monday before a price consolidation sets in.
The key risk level...
Apple Stock Price Surge Triggers Buy Signal
Apple stock (AAPL) has reversed higher and triggered a buy signal.
AAPL stock price is now trading above its regression trend channel.
This trading setup is similar...
AAII Asset Allocation Survey – Deploy the Cash… (or not?)
Equity allocations have surged to a 2-year high.Cash allocations have dropped to the bottom end of the range.(yet) cash *levels* have not changed much...
Inflation: Making The Complex, Simple
The quarterback signals for the Y receiver in the trips formation to shift left toward the right tackle. At the same time, the running...
Can The Transportation Sector (IYT) Hold Up Stock Market?
The FOMC Minutes report released Wednesday stated little to no change. Interest rates will stay low until 2023 and the monthly $120-Billion bond buying program...
How Much Upside Is There For U.S. Equity Markets?
The major U.S. stock market indices are seeing strong upside momentum, especially in the Nasdaq Composite and S&P 500 Index.
We are seeing a subdued...
Commodities SellOff Not Over, Look For Another Move Lower
Commodities look to have one more leg lower before any bottom is formed.
While the multi-day pullback in the US Dollar has resulted in a...
Has the Stock Market Run Up Too Quickly?
Monday, we talked about the momentum in the Transportation (IYT) and Semiconductors (SMH) sectors, which showed strength when compared to the Russell 2000 (IWM).
Tuesday,...
U.S. Stock Market Trends Remain Positive As Buying Continues
It was a mixed day for the major U.S. stock market indices. The S&P 500 Index traded in a tighter range, finishing the day...
