Are Interest Rates Creating Giant Reversal Pattern?
The past few years have seen extreme volatility in the bond market, which equates to similar volatility in interest rates. And it all started with the onset of coronavirus. The initial panic decline in bond yields (interest rates) was followed by a surge that lasted...
Are Investment Grade Bonds (LQD) About To Rally?
Considering our national debt and the debts of companies and consumers, it’s obvious that the bond market is critical to our economy. This is likely why the Investment Grade Bond ETF (LQD) started to sputter last year, well before the bear market in stocks this year....
Three Reasons To Watch Gold In December!
Gold started to perk up over the past month, finishing November on a very strong note. But, there is much more going here. Gold finished at a key price resistance level… and not just any old resistance level. Today’s long-term “monthly” chart of Gold futures...
Semiconductors ETF (SMH) Facing Stiff Test Of Resistance This Week!
I sometimes get tired of reminding folks of the importance of technology stocks… and even more so, the Semiconductors Sector (SMH). The Semiconductor Sector (SMH) lead the bull market higher for well over a decade… but this year they have lead the market lower,...
Crude Oil Looks To Be Sending Bearish Message This Month!
Crude oil prices rose sharply in 2022 and this has been a major factor in rising consumer prices and inflation. But the past five months have seen oil prices pull back… and this has been welcome news at the gas pump! With the holidays fast approaching, consumers are...
Semiconductors Could Send Most Important Message Of The Year, Says Joe Friday!
Over the past decade, we have written A LOT about the importance of following the technology sector as a leading indicator of the health of the market. And, in particular, the Semiconductors. Why? Because the Semi’s have been an important leader of the bull market...
Nasdaq Composite Reaches ‘Triple’ Inflection Point!
Tech stocks have had a dismal year in 2022 leading the stock market lower. But a broad gauge of the tech universe, the Nasdaq Composite, has reached a critical support area… and all investors would be wise to take notice. Above is a “weekly” chart of the Nasdaq. As...
This ETF Loves & Profits From U.S. Dollar Weakness, says Joe Friday
The strength in the U.S. Dollar currency along with treasury bond yields (interest rates) has been relentless all year. And this has pressured stocks and added volatility to the markets. With both King Dollar and interest rates easing, could this be bullish stocks and...
Semiconductors ETF Reaches Do-Or-Die Moment At Critical Price Support
We have spent countless time on research highlighting the turn lower in the tech leading Semiconductors. It’s been nearly a year and the Semiconductors Sector (SMH) has endured quite a fall. Can bulls swoop in and save the Semis? If so, it needs to happen soon! Today,...
Is S&P 500 Ready to Out-Perform Nasdaq In Years Ahead?
For the past two decades, the S&P 500 Index has underperformed the Nasdaq as tech stocks have been all the rage. Growth and innovation has transformed our economy and kept those companies (and stocks) firmly in a position of leadership. But is tech leadership...
