Will High Stock Valuations and Bullish Sentiment Bring Market Correction?
The sentiment indicators continue to show excessive levels of optimism, even considering the tendency for investors to have plenty of good cheer this time...
Nasdaq 100 Index Momentum Slows, Could Spur Pullback
We are turning bearish on the Nasdaq 100 and S&P 500 Indexes here.
Momentum and trend indicators are turning lower. The Nasdaq 100 lost its...
Bull Market Powers Higher, Crude Oil Breaks Out
Stocks are moving higher in early trade on Monday, as investors cheer on the first round of vaccine rollouts. Currently, the S&P 500 is...
Oil & Gas Sector (XOP) Working For Bullish Swing Traders
As crude oil continues to rally toward our $50+ price target, the energy sector and select stocks remain the beneficiaries.
As mentioned in the article...
Investors Bide Time, Await Next Stock Market Catalyst
Some investor anxiety seems to be building under the surface as the stock market trades sideways, yet feels like ping pong with moves up...
Tobacco Stocks Like Philip Morris (PM) May Burn Out
When a group within an unloved sector start to work, I start to pay attention. This is what led me to the chart of...
Gold Futures Hold 200-Day Moving Average, Rally Time?
I have been bullish gold for most of this year. But even a bullish trend has swing "buys" and "sells".
In today's chart, we can...
Stock Market Remains Elevated On Strength of Energy, Industrial Stocks
Despite weakness on Tuesday, the broad stock market indices remain near all-time highs. The Energy (XLE) and Industrials (XLI) sectors are leading the charge...
Are Dow Jones Industrials Still Eyeing 31,000 Price Target?
Make no mistake about it, this isn't the time to be complacent with your trades or trading plans. To be honest, there is never...
Are Energy Stocks About To Breakout In 2021?
The energy sector is showing signs of life again? Should investors trust this move?
We'll let the price action speak for itself, but it...
