Are Transports (IYT) and Retail (XRT) Making Positive Momentum Divergence?
In reference to Monday’s article, we are watching for signs of a reversal in the major stock market indices based on price and momentum.
As...
Natural Gas (UNG) Explodes Higher, Eyes Overhead Price Target
Inflation is felt the most with food and energy. Today we look at the latter, focusing on rising natural gas prices.
In particular, we look...
Can Stock Market Clear Key Resistance Into Fed Announcement?
This Wednesday the Federal Reserve (Fed) will announce an interest rate increase. So far, expectations are for +0.5%.
While some believe this is too high as...
Peak Earnings Season: Energy Stocks Set To Report Big Profits
The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon.
Executive Summary
Traders' eyes turn to big oil as big...
Liquidity Crisis in the Making: Japan’s Role in Financial Stability
Liquidity Crisis in the Making is part one of a two-part article. Part 1 sheds light on the Bank of Japan and its three-decade...
US Dollar On Breakout Alert: Will 3rd Time Be A Charm?
The US Dollar currency has rallied sharply over the past year.
Is it time to give King Dollar his crown back?
Looking at today's long-term chart,...
Is The Stock Market Breaking Down Again?
Mish’s Economic Modern Family is made from 7 keys symbols that act as a guide for the stock market macro picture.
The Family consists of...
Russell 2000: Range Dip-Buying Opportunity… or FaKeout?
Monday, the small-cap index Russell 2000 (IWM) found support near the bottom of its range.
After last week’s selling, this could either be a temporary...
How to Prepare for Monday’s Stock Market by Watching Trading Range Lows
After both the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) failed to hold or clear over the 50-day moving average (blue line), the...
Gold Miners ETF Set For Big Decline (Elliott wave)
The golden opportunity for Elliott wave traders is catching the third wave in a sequence of five, because it's usually the most powerful move...