Long Term Chart Analysis of the Transportation Sector ETF
Last Friday, I spoke on Women of Wall Street Twitter Spaces and Fox Business Making Money with Charles Payne to talk about a key monthly moving average.
What makes...
Why the Biotech Sector Should Come Back First
The market has turned for the worst in recent weeks and continues to fall in a bear market fashion.Â
Most of our portfolio strategies are...
NYSE Composite Breakdown Another Warning To Bulls!
The broader stock market has been ravished this year, with several global indices falling into bear markets.
And there may be more pain ahead.
Today we...
Mid Cap Stocks Teetering On Important Price Support!
There are several indicators that investors watch to gauge the health of the market. Some use market breadth indicators, some use relative strength, some...
Gold Bulls Don’t Want To See A Breakdown Here!
Inflation is at its highest level in several decades and precious metals bulls are patiently waiting for a big win.
Geopolitical concerns are also rising...
Corn and Wheat Prices Likely To Head Higher Yet
Looking at grocery bills and restaurant bills and it's obvious that food prices have risen dramatically (along side wages).
Inflation has been around for several...
The Fed’s Soft Landing, FedEx’s distress signal, and the Threat of a Deep Recession
According to the last week’s economic data inflation continues to surprise upside whereas the economy continues to surprise downside.
Nevertheless, the recession hasn’t come yet, but the...
Is Silver About to Outshine Gold?
With the Fed about to announce its next interest rate change, it's a good time to check out the condition of gold (GLD).
After all,...
S&P 500 Index Trading Update: Downside Price Targets
We continue to believe that the S&P 500 Index will undercut the June price low. We think investors should be careful here and not...
Is Commodities ETF $DBC Turning Back Down? (Elliott wave analysis)
Invesco is an investment management company that acquired the Power Shares Capital Management firm in 2004 so that to get access to the exchange-traded...
