Are Bank Stocks In Trouble? Watch $XLF Head & Shoulders Pattern!
Financial and bank stocks have been lagging the broad market for the past month. While the S&P 500 is posting new all-time highs, the...
Q3 Investor Update: Equities Pullback Paranoia Persists
Looking back six months ago, we noted in our report that the setup for 2021 appeared ‘challenging’.
Well, ‘challenging’ it was not.
With the severity of the...
Stocks and ETFs To Buy Amidst Rising Consumer Prices
Input prices continue to rise and are being passed on to consumers. And it is likely broad based.
General Mills recently stated they would have...
Can Dow Jones Industrial Average Close Gap With Nasdaq?
The Dow Jones Industrial Average (DJIA) is trying hard to close the gap with the S&P 500 Index and Nasdaq 100 Index.
The Dow Jones...
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...
