New Zealand Dollar Approaching Bullish Elliott Wave Support
In this article, I look at New Zealand dollar which is in the process of making what appears to be a bullish retracement /...
$IYT Transportation Stocks Bearish Within Broader Bullish Trend
The recovery for hard hit stock market sectors like transportation stocks has been pretty amazing. Sometimes it even feels surreal.
After the onset and awareness...
Is The Great Rotation Over Already?
Growth has been the dominant style for the U.S. stock market for pretty much all of the 2010s.
Based on the S&P 500 style indices,...
Commodities Price Index Overheating At Important Resistance!
Rewind to March 2020 and things weren't looking so good for commodities. COVID-19 was in the news and several assets were trading sharply lower.
Then...
Can Big Tech Stocks Lead the Market Higher?
According to Mish’s Economic Modern Family, the market remains mostly bullish with only the transportation sector (IYT) and regional banking (KRE) sitting in cautionary...
Long-Dated Treasury Bonds (TLT) Nearing Major Trend Test
Long-dated treasury bonds have been out of favor since the coronavirus market crash in February/March 2020.
Not only were bonds trading at the highs (and...
Has the Infrastructure Bill Stolen the Inflation Spotlight?
The stock market steadied itself, as the major indices clear or head to new highs.
Additionally, the media has slowed its aggressive inflation stance and...
Occidental Petroleum Stock (OXY) Breakout Buy Signal
I continue to like the energy sector and see several stocks with bullish short-term trading setups (that have strong potential).
One in particular is Occidental...
$BUG Global Cybersecurity ETF: Bullish Ascending Triangle (Breakout Watch!)
Cybersecurity continues to be an important theme as we continue to see headlines about business and government hacking incidents.
We also have more people...
12 Concerns for Investors Heading Into End of Q2
As the end of June and Q2 approaches, investors should be aware of several technical indicators that are sending warning signals about the major...
