Dow Jones Industrials 30,000 and the Big Round Number Psychology
Just as the Dow Jones Industrial Average was nearing 30000 earlier this year, coronavirus hit and the markets crashed. From there a remarkable recovery...
Will Silver Price Reversal Bring Another Historic Decline?
Precious metals caught lightning in a bottle for the first 7 months of the year, with Gold notching new all-time highs and Silver making...
Homebuilder Stocks Weak, Near-Term Pullback Likely
The homebuilder stocks and ETF (XHB) have been under-performing of late and are now in a weak position.
Just like watching paint dry, it looks like...
Gold Declines Sharply Into Big Price Support
Gold came under selling pressure this week and has been in decline since peaking out in August.
That selling pressure, however, remained in a tight...
Thanksgiving U.S. Stock Market Performance Data – History
The table below highlights 50 years of trading days for the S&P 500 Index and the percent of the time that each day of...
S&P 500 Index Trading Near Extreme Price Target
Stock market rotation continues to unfold as smaller cap stocks and cyclical stocks continue to out-perform large cap stocks.
With this in mind, we continue to...
$XOP Oil and Gas Exploration ETF Hits First Price Target, What’s Next?
The Oil and Gas Exploration ETF (XOP) is up over 10 percent from our initial buy level and now close to our initial target of...
RIOT Blockchain Stock Price Ripping, But Patience May Be Required
RIOT Blockchain (stock ticker: RIOT) sits in the blockchain space and has definitely been making some noise.
Although blockchain is here to stay, the risk exposure...
Speculative Investors Buying As Stock Market Reaches New Highs
Record stock market prices for the Dow Jones Industrial Average and Russell 2000 have investors cheering into the Thanksgiving holiday. Notably, the Dow Jones...
Stock Market Records Overbought Clusters, Time For Pullback?
The S&P 500 Index rose 1.62% on Tuesday, but the headlines belonged to the Dow Jones Industrial Average, which closed above 30,000 for the...
