Weekend Market Update: Stocks Strengthen, Dollar Drops and Gold Rises
Friday, the Federal Reserve’s Jackson Hole symposium stimulated the stock market with all 4 major stock indices closing positive. Â
Due to the improvement in the...
Will Delta Variant Sink Transportation Sector ETF (IYT)?
Key stock market indices are trading at all-time highs but one notable sector is lagging - The Transportation Sector and ETF $IYT.
This isn't a...
What’s Wrong With Robinhood’s Stock Post-IPO?
Does a good trading app necessarily become a good stock?
For many investors, the Robinhood IPO (stock ticker: HOOD) represents their first foray into an...
How Will Jackson Hole Fed Meeting Affect the Stock Market?
With the Jackson Hole Federal Reserve (Fed) meeting coming up, the stock market could be expecting taper talks as the Fed at some point...
Stock Market Indicators Flash Risk-On As New Records Set
A strong push higher by Chinese stocks helped propel select U.S. stock market indexes into record-breaking territory on Tuesday. And the futures markets are...
Bitcoin Trying To Clear 51000 On Low Volume, Does It Matter?
Bitcoin continues its rally up with a recent break over the 50K price level.
However, many investors are watching for Bitcoin to clear 51K as...
Are Consumer Sensitive Stocks Nearing Overbought Sell Signal?
One of my early investment lessons, via a good old fashioned book, really helped differentiate between the financial news and actual investing.
The financial news,...
Which Stock Tickers to Watch if Russell 2000 (IWM) Clears Key Resistance
Monday the market continued its rally from Friday of last week with the S&P 500 (SPY) and Nasdaq 100 (QQQ) clearing all-time highs.
Again, the...
How Strong is Russell 2000’s (IWM) Current Rally?
Today we focus on a chart of the Russell 2000 (IWM). It is one of the most valuable stock market indices as it tracks...
What Do TSLA, DIS and CAT Have in Common?
I regularly screen for stocks making new highs and new lows, usually on a three-month time frame. The logic here being that if a...