Stock Market Dilemma: Transports and Small Caps May Have Topped
Two extremely important sectors to the economy and U.S. equities market are struggling. And investors should take notice. The Transportation Sector ETF (IYT) small cap Russell 2000 (IWM) are two sectors bulls would like to see continuing higher. But today’s long-term...
Euro Currency Decline Could Hit Emerging Markets (EEM) Hard
The Euro currency is sliding and international markets are taking notice. Of course, this is coming as the US Dollar rallies… and all this means pain for the Emerging Markets and its trading ETF (EEM). In today’s chart 2-pack, we compare the Euro to the Emerging...
King Dollar About To Scream Higher, Pushing Commodities Lower?
The recent US Dollar Index rally is providing a headwind for commodities, while pushing other currencies down. Should the rally extend further, it may create a bigger disturbance in the financial markets… perhaps even extending to equities. Today’s chart of the US...
Carbon ETF (KRBN) Testing Breakout Price Channel Resistance
ESG themed investments continue to gain popularity, and the relatively new (and red hot) Carbon ETF (KRBN) is no exception. This index follows the European and North American cap and trade carbon markets. And since its inception, it has spent most of the time inside a...
Is The Transportation ETF (IYT) Double Topping At 2021 High?
As the bull market carries on into year-end, some lagging sectors and stocks are just getting back to their early 2021 highs. Some will breakout (bullish), while some will find stronger resistance and pullback. For the latter, a move lower may raise the prospect of a...
Coffee Prices Soar, As Breakout Sends Cup of $JO Higher!
Commodities continue to run higher as inflation concerns are becoming an everyday reality for U.S. consumers. Recently, I highlighted a key equities to commodities ratio and asked, is it “Time For Commodities To Out-Perform Equities?“. Today, we turn our attention to...
Wilshire 5000 Trading Into Important Inflection Point!
When investors want to get a sense of the broader U.S. equities market, one index they analyze is the Wilshire 5000. The Index is made up of all American stocks actively traded in the U.S. Simply put, this broad index is a gauge of market health and can provide...
Time For Commodities To Out-Perform Equities For Years To Come?
From 1999 to 2009, equities under-performed commodities. This culminated with the ’08-’09 Financial Crisis. This was followed up by a 10+ year run of equities out-performance. Are the tables ready to turn yet again? Today’s chart looks at the ratio of the S&P 500...
Semiconductor Index (SOX) Breaking Out Above 21-Year Fibonacci Level!
Technology investors hardly remember the September pullback… because it was gone in a flash. Tech stocks have risen sharply with several big names and sectors breaking out to new highs. Today we shine the spotlight on another big winner of late (Semiconductors) and...
Multi-Year Cup & Handle Breakout In Play For This Semiconductor Stock
With the U.S. stock market in bull-mode and tech stocks surging, there is no shortage of strong stocks out there. Today, we share a tech stock that is breaking out of a very bullish price cup with handle pattern: Macom Technology Solutions (MTSI). As you can see,...
