The US Dollar Stumbles While Economic Data Fumbles
The dominating themes in July were better jobs, more mobility and higher cases.
Global virus cases continue to climb, notably in emerging economies and the...
Nasdaq Composite Nearing Trading Top as Momentum subsides
The NASDAQ Composite looks stretched here and a momentum divergence has definitely begun to resurface after its historic rise.
In January the weekly RSI showing a...
Gold Rallies Higher as Real Interest Rates Fall
Gold Market Takeaways:
Gold is more sensitive to real interest rates than currency swings.
Gold sentiment is frothy, but strong trends will provide support.
Gold has outperformed...
The 2020 Gold Rush and What’s Next for the US Dollar
The price of gold, and gold-related equities, have enjoyed a very strong run over the past few quarters.
This is almost a perfect environment for...
Commodities Rally Runs Into Big Breakout Test
Commodities Index Equal Weight "monthly" Chart
After a 9 year tail-spin, Commodities are starting to show life in 2020.
Precious metals have been very strong, and...
Disney (DIS) Posts a Surprise Profit – Cycles Point to an Important Bottom
Walt Disney (DIS) reported earnings after the bell on Tuesday.
Disney reported adjusted EPS of $0.08, which beat consensus estimates of -$0.64. Revenue came...
Regional Banks ETF (KRE): Ready to Fizzle or Sizzle?
With the Russell 2000 breaking out over the 50 and 200-week moving averages, the market does look like blue skies, right?
Well let's run through...
4 Heavily Shorted Tech Stocks With Bullish Trading Setups (WK, RPD, HUYA, ALTR)
My firm screened and ranked 12 technology stocks that have a fair amount of short interest for clients.
These heavily shorted stocks have a positive...
Dow Jones Industrial Average Looks Ready to Play Catch Up
Dow Jones Industrial Average Chart
The Dow Industrials have been lagging both the NASDAQ Composite and S&P 500 Index.
But it looks like the Industrials are...
Is the US Dollar Nearing Bottom? Or Is It Different This Time?
US Dollar Index "weekly" Currency Chart
The U.S. Dollar ran into a perfect storm in 2020: a pandemic (Coronavirus), an easy Federal Reserve, and trillions...
