Transportation Stocks Running Into Important Resistance
A strong 2-day rally to finish the week has several stock market sectors nearing critical resistance.
One example is the transportation sector (IYT).
The Transports rallied...
Is Major Junk Bonds Divergence a Warning Sign for Stock Market?
Before major market pullbacks, it is common to see internal market disconnections or divergences. And they often go on for much longer than investors...
Bond Bull Market Coming? Take The Road Less Traveled
Over the past decade, historically low bond yields have converted many bond investors into bond traders. Bond traders strategically buy and sell bonds to...
Commodity Price Index Near Most Overbought Level In 45 Years!
The CRB Commodity Index has rallied sharply over the past 2 years.
And although the index is not near all-time highs, it is getting stretched...
Will S&P 500 Index Correction Hold Key Price Support?
This morning's selling has the major stock market indices well into correction territory (and bear market territory for the Nasdaq and Russell 2000).
Today we...
Are Tech Stocks Following Year 2000 Waterfall Selling Pattern?
Weakness in the technology sector continues to rattle the markets as growth stocks get hit.
Today we take a look at the relative strength (or...
Why Investors Must Know Their Trading Timeframe In Today’s Market
Many traders actively watch the market and believe there are always opportunities to make money.
It can seem that way as there is almost always...
Chinese Stock Market Near Critical Support; Is World Watching?
As the eyes of the world are on Russia and Ukraine (and Putin versus Biden), what happens next in the Chinese markets could be...
Where to Watch for Stock Market Buy Signals
By the end of Tuesday, the S&P 500 ETF (SPY) and the Nasdaq 100 ETF (QQQ) were able to rally off support from lows...
Crude Oil Overbought, Elliott Wave Points To Pullback
It's hard to score profits by trading on news headlines, and the current environment makes it even harder. We prefer to rely mainly on...
