Will Silver Price Reversal Bring Holiday Cheer For Bulls?
Precious metals prices have languished in a sideways pattern since peaking out in July 2020. Could this sideways trading pattern be a bullish consolidation pattern? Strong silver price action = bullish precious metals Today’s chart takes a look at the long-term...
Inflation Peaking? Watch These 3 Charts!
Over the past 18 months, I’ve penned several articles about traceable commodity breakouts and rising commodities prices… and inflation risks. With each breakout came more inflation pressures. And today, we continue to battle high energy, food, and housing prices. But...
Will S&P 500 Reversal Pattern Spell Doom For Stock Bulls?
Rising stock market volatility has made for a very tough trading environment for investors. And while stocks remain elevated, several key indexes and indicators are flashing caution. Last week, I highlighted an important tech stocks ratio that is teetering. And today,...
Will This Consumer Trend Turn Bearish For The Stock Market?
Consumer behavior can tell you a lot about the stock market. Sounds a bit funny, but it’s very true. And especially so when comparing buying of discretionary items versus buying of everyday staples items. In today’s chart, we look at the long-term performance ratio of...
Investors: Buckle Your Seatbelts Because Of This Tech Indicator!
The U.S. economy and stock markets have been lead by technology companies (and stocks) for nearly 20 years. And this dynamic is on full display in today’s chart. Below is a long-term “monthly” ratio chart of the Nasdaq Composite to S&P 500 Index. In short, if this...
Hang Seng Index Has Global Investors On High Alert!
China’s rise to a global economic powerhouse has come in fits and starts. And the last 5 years would be categorized as fits. This can also be seen on the Hang Seng stock market index (Hong Kong). And should this index decline much further, global markets may throw a...
Steel ETF (SLX) Coiling For A Big Move!
Elevated steel prices have consumers (and investors) concerned about inflation. And whether inflation strengthens or lightens up may depend on the next move in steel prices. After a huge rally out of the coronavirus crash low, steel prices peaked this summer but have...
S&P 500 Reversal Suggest The 12-Year Bull Market Is Over?
The month of November was an ugly one for stocks. Not because they closed lower but because of how they closed the month. Today’s chart looks at the S&P 500 Index on a “monthly” basis and, as you can see, stocks made new all-time highs last month. So in that...
Are Yields, Transports, and Small Cap Stocks Twin-Peaking At Same Time?
Uncertainty is mounting as the new omicron covid variant adds to economic concerns like inflation. This week, I shared an article looking at potential topping formations on the Transportation Sector (IYT) and small-cap Russell 2000 Index (IWM). Here we revisit these...
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...
