The Financial Sector Is Teetering On Historic Technical Support!
The financial sector is the focal point of the global economy. So it’s no wonder that investors pay close attention to its performance within the stock market. And this is especially true when recession fears rise due to lackluster economic growth. Kinda sounds like...
Stock Indicator Creating A Top Similar To 2000?
The New York Stock Exchange (NYSE) is a very broad measure of the stock market with over 2400 companies listed. So when the NYSE begins to underperform, market participants should pay attention! Well, this has been happening over the past year… and it may be reaching...
Gold Bulls Eyeing Historic Super-Cycle Breakout Level!
Nearly 12 years ago on 9/1/2011, I pointed to “the power of the pattern” and suggested that Gold should be flat to down for years to come. And, if you look at the chart below, you can see that this unfolded as expected. Fast forward to today (12-years later), and...
2-Year Yields Suggesting Another Financial Crisis Could Start Here?
With bond yields (and interest rates) rising sharply, it’s understandable that most of the world is hoping for lower rates. Lower interest rates allow for more flexible lending to both businesses and consumers… BUT… As the “weekly” chart below shows, the last time...
Commodities Bearish Pattern Suggesting Lower Inflation?
While inflation continues to dominate the news headlines (and consumer concerns), I think it's important to highlight an interesting development in the commodities complex. And a potentially positive development! Today we take a look at a long-term “monthly” chart of...
Will Historic Bearish Reversals Spell Doom For Dow Transportation Average?
I think everyone will agree that the transportation sector is an integral part of the U.S. economy. When they are trending higher, the economy is in good shape… and when they head lower, the economy is typically slowing. Well, today we have a very concerning case of...
Utilities Stocks Are Teetering On Historic Support!
The Dow Jones Utilities Average has enjoyed a 20-year bullish rising price trend. But a recent multi-month sell-off has bulls on the ropes and wondering if the lights are about to go out on utilities. Today’s chart is a long-term “monthly” chart of the Dow Jones...
Are DAX (Germany) and CAC-40 (France) Indices About To Send Big Message to Investors?
As we look across the major global stock market indices, we are seeing some divergences appear. And today we highlight one that appears to carry some importance. While the U.S. stock market indices are far from the 2022 highs, the same cannot be said for the German...
Utilities Should Experience HUGE Move When This Pattern Is Resolved!
Utilities stocks have been in a long-term uptrend over the last 20 years. This tremendous trend can be seen in the “monthly” chart of the Dow Jones Utilities Index below. Note, however, that the rising trend channel is quite wide. And within this wide trend channel...
Here’s Why Commodity Prices May Decline Lower Yet!
Commodity prices have skyrocketed over the past few years, but today we put the move higher into perspective. And we do this by looking at a long-term “monthly” chart of the Thomson Reuters Equal Weight Commodity Index. As you can see, commodities have been trading...
