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Stocks managed to fall again yesterday, with the S&P 500 slumping 1.1%. The index got as low as 3,965, or 15 points from 3,950, and good enough for me, target hit.Believe it or not, this is where...
Today’s market is in a straight to the point kind of mood, so I’ll get right to it. XLE is currently trading at 81.24. I expect it to trade down to 57.60, the October 2021...
Bitcoin is holding on to its ground, and its price is still hovering near the $20,000, which shows bulls are trying their best to hold the price level. ETH's price action has started to show more...
This is the final post in my three-part series on top-down analysis which aims to fine-tune the search for the best, or in this case, the worst asset.I do not claim that this is the worst ever stock,...
Fed’s Powell sees pain, and ECB talks of sacrifice High inflation remains a challenge on both sides of the Atlantic Central bank autonomy under fire after missed call on inflation The message...
The S&P 500 fell 67 bps yesterday, a modest decline following the sharp sell-off on Friday. The index had a very weak close, finishing below the afternoon’s lows. Additionally, it appeared...
The FX market is off to a relatively quiet start to the week with the UK on a bank holiday, but volatility is likely to pick up as we move through the week.The two most important economic data...
Transportation stocks are an excellent measure of industrial and manufacturing strength and supply and demand.The Transportation ETF (IYT) is a good indicator of economic health as the movement of...