Are Oil Prices Setting Up For A Move Higher?
Over the past several months, I've been surprised to see oil prices remain stagnant in the face of geopolitical events.
Ukraine/Russia, Israel/Iran. Crude oil has...
Natural Gas (UNG) Testing Lows After Price Reversal
Natural gas prices seemed to be ready to rally in November... but then came a hard price reversal lower in early December.
That reversal, when...
Is Bitcoin Finally Ready to Join the Bulls?
Bitcoin's price increased by 5% over the last 24 hours, with its daily trading volume growth of 5% outpacing the overall market.
This move comes as prominent figures advocate...
Why Oil Prices Could Defy Sellers and The Bears
What has been weighing on oil prices?
A stronger dollar
Firm interest rates
Slower US factory activity (4 month low) because of tariffs
Talk of Russia-Ukraine Peace deal-allowing...
Black Friday Deals: What US Earnings Say About Cautious Consumer
Value-focused retailers like Walmart and TJX are thriving as consumers cut back on discretionary items and trade down from mid-tier stores.
Despite near-record low consumer...
Musk’s Pay Vote and BofA’s Rare Investor Day Headline Shareholder Events Calendar
A packed week of shareholder meetings and investor days could set the market’s tone for November
Elon Musk’s $1 trillion compensation vote and BofA’s first...
Citigroup Stock Testing 50-Day Moving Average As Earnings Near
Stocks remain elevated as 3rd quarter earnings season is about to kick off.
This includes most mega cap bank stocks.
Today we look at Citigroup (C)...
Utilities Sector Eyeing Major Price Breakout
The stock market has delivered big gains thus far this year.
But stocks aren't the only winners. Gold, Silver, and Bitcoin are also among...
Biotech Sector ETF (XBI): Trend Following Higher
As stocks continue to climb higher, several lagging sectors are playing catch up.
One such sector is the SPDR Biotech Sector ETF (XBI).
While it IS...
Materials Sector ETF (XLB): Big Test Of Price Support
The Materials Sector ETF (NYSEARCA: XLB) experienced a nice rally from April to July.
But that rally stalled near prior highs (price resistance). And its...
