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 back over.
This...
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. That definitely...
Are Large Cap Tech Stocks In Big Trouble?
For much of the past decade, large cap tech stocks have been a real bull market leader. Investors have gobbled up shares of the...
Stock Market Teeters As Investor Flee Growth Stocks For Value
The stock market has been mixed of late, with the Dow Jones Industrial Average showing relative strength and the Nasdaq relative weakness. This was...
Soft Commodities Are Making A Big Move
The pandemic has brought a multitude of supply chain disruptions reaching not only into the tech space, but also into the agricultural space.
Invesco agricultural...
Stock Market Up-Trends In Place, But Patience Necessary
We have seen several "mixed" trading days over the past two weeks. Bull market up-trends remain in place on the major stock market indices,...
Gold Futures In Weak Position; $1700 Important
Gold has struggled to get anything more than a short-term rally off the recent MOB support band in the $1780 area.
We have price declining...
Gold Price Consolidation Drags On, Levels To Watch
After a stellar first 7 months of 2020, gold peaked in August and turned sideways-to-lower.
And it has been trading sideways-to-lower for what seemingly feels...
Stock Market Outlook: Two Sectors With Huge Potential
Despite worry of a pending market correction, talks of stimulus and an infrastructure package paired with a supportive Federal Reserve helped boost stock market...
Stock Market Reverses Off Lows As Bulls Step Up
Stock market futures are pointing higher following yesterday's trading session that saw stocks close mixed, but well off the lows. Whether that reversal sticks...
