Is the Nasdaq About To Fall 25 Percent?
Technology is the lifeblood of our current economy and dictates future innovation. The sector has also taken a primary leadership role in the 11-year bull market. But, as most of you are aware, that doesn’t mean that tech stocks are always smooth sailing. In fact, the...
Are the U.S. Stock Market Indices Facing Double Top Deja Vu?
Stock market volatility has turned higher as the month of October has wore on. And now that we are just one week away from the elections, it appears that investors are showing their uncertainty through the price action on the major U.S. stock market indices. In...
Tech Bull Trend Could Change, If A Double Top Is Forming!
Is the bull trend in tech about to end? What Tech and its volatility index does in the next few weeks will go a long way to answer this question! This chart looks at the NDX 100 and its Volatility Index (VXN) on a weekly basis over the past couple of years. The trend...
Doc Copper/Gold Indicator Breaking Out Again?
The Doc Copper/Gold ratio broke above a 2-year falling channel back in 2016 at (1). Following this breakout, it rallied for the next year. During that year, Copper related assets did very well! The ratio peaked in the summer of 2018 and created a series of lower highs...
Will 2020 Mark Historic Low For Interest Rates?
US treasury bond yields have been trending lower for over 3 decades. Could the latest drop mark a significant low for bond yields and interest rates? In today’s chart, we can see that interest rates have had several spike lows and highs, but that each low is lower and...
Euro Weakness Here Could Spell Trouble For Gold & Silver Bulls-
The Euro is facing one of the most important price tests in the past 20-years, and what it does here, should have a large influence on the price of Gold and Silver weeks from now! This chart looks at the Euro on a monthly basis, since the late 1990s. Line (1), which...
Reversal In Silver/Gold Ratio Concerning For Precious Metals
When precious metals are out-performing other asset classes, it usually means that Silver is also out-performing Gold. Silver means to Gold what small-caps and growth stocks mean to the broader stock market. Precious metals bulls want to see Silver leading Gold higher...
Government Bonds Peaking and Starting To Rollover?
Are Government bonds creating a peak and starting to roll over? Possible! What happens at the support test (2) will go a long way to answering this question. This chart looks at Government bond ETF (TLT) on a monthly basis, where Fibonacci was applied to the 2010 lows...
Interest Rates Bottoming Similar To The Late 1960’s?
Are interest rates attempting to create a long-term bottoming pattern over the last 6-months? Possible! This chart looks at the yield on the 10-year note, on a quarterly basis since the early 1960s. In the late 1960s and early 1970s, yields started creating higher...
Gold Price Reversal Lower Warns of Potential Top
Precious metals multi-month rally continued into September, with Gold hitting new all-time highs. But Gold may be sending a cautious message to bulls at the end of September month and quarters-end. While the trend is very much bullish, Gold has created a large bearish...
