Can Emerging Markets Recapture Magic With Important Breakout?
The emerging markets were the place to be for investors in the early 2000’s. BRIC (Brazil, Russia, India, China) was all the rage and investors desire to include exposure to these countries lead to a strong performance for emerging markets. That is, until the 2008...
Are Growth Stocks About To Signal “Risk-On” To Equity Investors?
Equity investors like it when the markets are in “risk-on” mode. What’s that mean? Well, it means when investors are more willing to take risks. When this happens, the stock market heads higher… and with a stronger trend. A few areas that indicate “risk-on” are small...
Freeport McMoRan (FCX) Forming Worrisome Stock Price Pattern?
Copper and Gold miner Freeport McMoRan (FCX) is in the middle of all things metals. And the economy. As the economy heats up, copper prices tend to follow. And if interest rates and / or inflation ticks higher, Gold tends to follow. Over the past 18 months, Freeport...
CAC 40 Index Sends Ominous Sell Signal To French Equity Investors
The European equity markets have rebounded from the last year’s coronavirus crash lows with similar zeal to that of the United States. Several major equity indices have made new highs and the “monthly” charts show rapid (and steep) ascents. And France’s CAC 40 stock...
Doc Copper Sending A Historic Bearish Message To Stocks?
When Doc Copper speaks, investors should listen. And it may be that time again. The price of copper broke above the $4 mark early this year… but it’s struggled to maintain its momentum and is in a multi-month pullback. Today’s chart is a “weekly” chart of Copper. And...
Is China ETF (FXI) Setting Up For Further Losses?
Chinese stocks have been in a funk this year, testing the patience of many investors in that equities space. The selloff took shape at the beginning of the year and has continued through this fall. Is there an end in site? Perhaps not quite yet… Today we look at a...
Natural Gas ETF Breaks Out Fueled By Seasonal Strength
Just two weeks ago, I shared a breakout setup for Natural Gas and wondered, “Is It Time For Natural Gas ETF To Head Much Higher?” That question is being answered this week, as the Natural Gas ETF (UNG) has surged and broken out to new multi-week highs. Today’s...
Is Lumber Futures Ominous Price Pattern Signaling Further Declines?
One of the over-looked commodities and economic indicators is Lumber. And more specifically the price of lumber. The price of lumber has been on the rise since the 2008 financial crisis, but Lumber futures prices went haywire following the onset of COVID in the spring...
Pimco High Income ETF Breakdown Would Be Bad For Stocks!
Watching high income (or high yield) bond funds has always been a good indicator of risk for the overall market, especially for stocks. Today’s chart takes a look at the Pimco High Income Fund ETF (PHK) and why investors need to be watching this ETF (as well as others...
Is The Bear Market In Treasury Bonds About To Resume?
US Treasury bonds experienced a bear market and added selling pressure following the coronavirus flash crash as bond yields bottomed in early 2020 and took flight. The move higher in yields peaked early this year, taking some pressure off bonds. But if yields should...
