
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Stocks managed to grind their way higher on the day, while rates and the dollar rebounded from yesterday’s declines. The price action in the stock market has been strange, and I can only attribute...
The Russell 2000 (IWM) had galloped ahead on a week of strong gains, only to gallop too far and balk at the last fence. The big inverse hammer and spike high on Monday reflected the indecision at new...
Donald Trump nominated seasoned hedge fund manager Scott Bessent as the next Treasury Secretary. While the Treasury Secretary has many responsibilities, debt management is one of the most important....
The Russell 2000 surged 4.5% last week. The small cap index is up 10% in November. Markets cheered Trump's pick for Treasury, Scott Bessent. Markets were up Monday on the choice of Scott Bessent as...
How long have we talked about the massive nearly 11-month price consolidation in our dear Granny Retail XRT? What we waited for was a weekly close over 79.20, a level we have not seen since February...
Since the successful test of 20-day MAs earlier last week it has been an uptrend for markets. The Russell 2000 (IWM) has been the clear winner, although the S&P 500 and Nasdaq have enjoyed more...
The first step on the move back to highs for indices started yesterday, but it's going to take a concerted effort by bulls to get there. The concern is that we are looking at a zig-zag move lower,...
For Turnaround Tuesday, let’s reexamine the ETF XRT, which we have tracked all year. Since February 2024, XRT has been in a massive consolidation. While the ETF recently looked poised for a...
After days of selling triggered by escalating events in Ukraine there was at least a modicum of relief for markets as buyers stepped in at 20-day MAs across lead indices. Because of this, breakout...
The week right after the election, the Family was downright jubilant. This past week, the best word to describe them as is disappointed. Disappointed is not as bad as say, dismayed. Nonetheless, all...
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