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...
Stock Market Outlook Mixed As Buyers Try To Defend Bullish Trend
The S&P 500 Index rose 0.17% today, showing resilience in the face of selling. The index continues to have a strongly bullish intermediate posture...
Can The Stock Market Bounce If Junk Bonds Sell Off?
The small-cap Index Russell 2000 ETF (IWM) looks hopeful for a Wednesday bounce while the High Yield Corporate Debt ETF (JNK) sends another warning...
Key Bull-Bear Stock Market Relationships To Watch Right Now
This past week the stock market found both love and irreconcilable differences when comparing key sectors and indices.
The love came from the big cap...
S&P 500 and German DAX To Head Higher After Corrections
Minor weakness in the US Dollar allowed the S&P 500 Index to find support and push higher toward a potential fifth wave of 3...
Carbon ETF (KRBN) Testing Breakout Price Channel Resistance
ESG themed investments continue to gain popularity, and the relatively new (and red hot) Carbon ETF (KRBN) is no exception.
This index follows the European...
Is The Transportation ETF (IYT) Double Topping At 2021 High?
As the bull market carries on into year end, some lagging sectors and stocks are just getting back to their early 2021 highs.
Some will...
Coffee Prices Soar, As Breakout Sends Cup of $JO Higher!
Commodities continue to run higher as inflation concerns are becoming an everyday reality for U.S. consumers.
Recently, I highlighted a key equities to commodities ratio...
Materials Sector (XLB) Consolidates As Bullish Pattern Takes Shape
As stocks continue to march higher, some sectors are consolidating and may need a reset or pullback before the next surge.
One such sector is...
