Gold or Rubles? A Pickle Worth Exploring
Financial sanctions weighing on Russia are sending up red flags around the globe. The seizing of Russian foreign reserves and eliminating access to SWIFT...
If Australian Dollar Breaks Out, Commodities May Scream Higher!
Over the past 11 years, the Australian Dollar has been in a downtrend. Today's chart highlights its falling channel marked by each (1). Could we...
US Dollar Index (Elliott Wave): Two Bullish Scenarios
When we last wrote about the U.S. Dollar in January 2021, we were expecting a sizable bounce. The bounce occurred from very near the support area...
Euro Currency Decline Could Hit Emerging Markets (EEM) Hard
The Euro currency is sliding and international markets are taking notice. Of course, this is coming as the US Dollar rallies... and all this means...
U.S. Equities Bullish Pullback Is Setup For New Highs
We got the pullback we were looking for in the major averages last week. We'll see if last week's lows hold... if not, the pullback...
U.S. Equities Update: Stretched But Bull Market Carries On
The strength of the U.S. Equity market has been on full display for the past 4-5 weeks. It is now recording some overbought signals...
Market Outlook: Equity Bulls Remain Resilient
The S&P 500 Index rallied (+0.18%) on Tuesday for the ninth time in the last ten sessions, while hitting a new all-time high. That...
Stock Market Outlook Mixed, Something’s Gotta Give
The S&P 500 Index fell (-0.24%) for the third straight day on Tuesday, but is still clinging to its weakly bullish posture for now....
Weekend Market Update: U.S. Dollar Has Had Its Day
The U.S Dollar chart as represented by UUP, the Invesco DB US Dollar ETF, shows some classic signs of a top. Before I delve deeper...
Market Outlook: Stocks Chop While Bitcoin Drops
Tuesday was a bit of an odd day with Bitcoin and Blue Chips selling off, and the NASDAQ Composite closing higher (and achieving a...
