Stocks & ETFs

How The US Dollar May Impact US Equities: 4 Key Takeaways

What You REALLY Need To Know About The US Dollar… And How It Might Impact U.S. Equities Most active investors are aware of the near vertical move of the US Dollar Index over the past 7-months or so. Some investors might agree that the long-term RSI readings are at extremely…

SP 500 Correction Ahead? Putting Recent Pullbacks In Perspective

Over the past few months, the stock market has seen a few swings. This shouldn’t come as a big surprise. Back in August of 2014, I wrote a research note on the S&P 500 and the lack of a “technical correction.” In stock market lingo, a correction from current highs is generally considered…

Why Home Depot’s Stock Has Been So Strong

Although the US economic recovery has been anything but vibrant, there are plenty of fundamental reasons to give for the recent strength in Home Depot’s stock price. Think lower gas prices, lower interest rates, stable housing, stable unemployment… and better earnings and growth. Even the most frugal will spend some…

Dow Jones To Gold Ratio: What It’s Saying Now

For much of the 1980’s and 1990’s the Dow Jones Industrial Average (DJIA) outperformed Gold, as equities soared higher. That period came to an end in 1999 as the tech bubble, 9-11, and the financial crisis hit the financial markets over a 12 year period. But since 2011, the Dow…

S&P 500 Update: Price Targets Coming Into View

The S&P 500 (SPX) closed last week at new all time highs. And the momentum carried over to Tuesday, as the index moved over the 2100 mark for the first time. Seems like a good time to reassess where we are, what hurdles we face, and where we might be headed (i.e….

Japan’s Nikkei 225 At Major Technical Resistance Level

Japanese equities have been strong since bottoming last October. The most visible sign of the Japanese markets is the Nikkei 225 Index. Its rally out of the October lows brought it to the 18,000 level in December. And it has approached this level two more times since, the most recent occurring over the past…

Are There Green Shoots In Scotts Miracle Gro (SMG)?

There is record snow pack in the Boston area and much of the nation is going to feel sub-freezing temperatures this week. Not exactly the best time to consider revamping your garden. Last year’s visit from the Polar Vortex hurt the fundamentals of Scotts Miracle Gro (SMG), but the company…

3 Stocks With Bullish Flag Continuation Patterns

As the benchmarks run to fresh highs, individual stocks do not always participate in the same way. Some will join the march higher, some will simply mirror the Index’s advance and of course others will lag and be left behind. This type of action “separates the men from the boys”….

Apple Nearing Major Wave Completion: AAPL Price Targets

Shares of Apple Inc. (AAPL) have been very strong of late. And Apple is undoubtedly a great company. But I have to ask one simple question:  Am I the only one that can see the current wave pattern for Apple’s stock? The latest major wave higher may be coming to an end and…

Is The Consumer Ready To Make a Comeback In 2015?

Unfortunately, the body of economic evidence over the past 5 years would lead most (including myself) to say “probably not”. And this would likely be correlated to the fact that this hasn’t been a vibrant, feel good, post-financial crisis recovery. It’s been mired in fits and starts. But at the same time,…