Stock Market Today: Dovish Fed… Is Stimulus Bill Next?
Stocks are facing a mixed open to trading today as investors lie in wait for news regarding the next stimulus bill from congress.
In any...
Who Says Gold Is Topping?
MarketGauge has some pretty cool proprietary software.
One indicator is Triple Play. That measures the ratio between a particular instrument and a benchmark.
Triple Play reveals...
U.S. Equities Trends Positive As Small and Mid-Cap Stocks Hold 200 Day MAs
U.S. equities markets continue to show strength as we head into the end of July.
Trends for the S&P 500 and Nasdaq Composite remain favorable...
Are Key Global Currencies Setting Up For Major Trend Changes?
The past several weeks have seen the US Dollar decline sharply and the Euro and Aussie Dollar rally.
These swift moves have helped push gold...
F5 Network (FFIV) Beats on Earnings But Stock Sells off – Cycles Point Lower
F5 Network (FFIV) reported earnings after the bell on Monday.
FFIV reported non-GAAP EPS of $2.18, which beat consensus estimates of $2.03.
F5 Network reported revenue...
Performance Chasing: Investors Need to Fight the Urge
Perhaps the most repeated phrase found in financial reports, commentaries or investment literature is “past performance is not indicative of future results”.
The line...
Is Nasdaq Correction Over… Or Just Beginning? (Guideposts to Watch)
Tech stocks have been the undisputed Champ in 2020, rising sharply out of the March stock market low.
Clearly, the work remotely, order online, app-friendly...
Who Says You Can’t Time the Stock Market?
First it was the Junk Bonds ETF (JNK) closing above its 50-week moving average on Friday.
Then today Junk bonds rallied again, with JNK rallying...
Citigroup Raises Price Target On KLAC, Cycles Point To Minor Pullback
KLA Corp (KLAC) Weekly Chart
This morning, Citigroup raised their price target on KLA Corp (KLAC) from $178 to $214 while maintaining a buy rating...
Gold ETF (GLD) Overshoots Price Targets Into Blow-Off Top
A month ago we published monthly and weekly charts showing the SPDR GLD Shares ETF NYSEARCA: GLD as being near the end of its five-year ascent....