Can Treasury Bonds (TLT) Reverse Higher From Historic Oversold Level?
It’s been an ugly couple of year for US Treasury Bonds. T-bond prices have dropped sharply as yields have risen. This has been an added pressure on retirement portfolios as treasury bonds are no longer trading like a conservative asset. Time for a bounce in T-bonds?...
Are US Dollar, Euro About To Upend Financial Markets?
The past several months has seen the US Dollar Index rally once more, pushing King Dollar up to a retest of multi-year highs. At the same time, the Euro has been sputtering and is nearing multi-year lows. In today’s long-term “monthly” chart 2-pack, we look at both...
Will Gold Miners (GDX) Decline Find Support At $30?
It’s been a rough past few weeks for the Gold Miners ETF (GDX). A bearish reversal in April has sent shares spiraling into May, down nearly 25%. Today’s “weekly” chart of the Gold Miners (GDX) from Marketsmith.com highlights this reversal, as well as important...
Unique Commodities Indicator Pointing To Treasury Bonds Rally
Higher commodity prices have seeped into everyday costs (food and energy), and at the same time, interest rates have also been rising. That’s a bad combination for everyday America. But perhaps there is some relief on the horizon… at least in the form of lower...
Walmart’s Stock Decline Hits Major Price Support….Bulls Hoping So!!!
We are seeing continued signs that the economy is pumping the brakes. Another one came this week as Walmart reported lackluster earnings, causing its stock to plunge. Yikes! This freewill is quite evident on the long-term “weekly” chart of Walmart (WMT) above from...
Microstrategy Stock Crash Gets Crypto Bulls Attention, Key Support Test In Play!
Microstrategy is a tech company selling its enterprise software solutions and analytics (platform)… but it is better known for something else… It’s CEO Michael Saylor is a bitcoin whale. And he has been investing significant amounts of the companies reserves in...
Is The Commodities Bull Market Nearing Another Breakout Buy Signal?
Commodities have been one of the few winners in 2022. But with elevated commodity prices, consumers are now left with an ugly dose of inflation on everyday costs (food, energy)… And with falling stock prices, they are getting a dose of deflation in their investment...
S&P 500 Reversal Comes At Important Fibonacci Resistance!
There has been a lot of red investing screens in 2022 as the stock market correction / bear market has only intensified as the days wear on. Sometimes zooming out to a longer-term picture of the market helps offer perspective. But that doesn’t necessarily mean it...
Game Over For Energy Stocks? Important Tests For $XOP and $OIH (Energy ETF’s)
There haven’t been many places to hide during this year’s stock market correction (bear market?). And one of the last hiding places could be in trouble: Energy stocks. And more specifically, the Oil and Gas Exploration Sector ETF (XOP) and the Oil Services ETF (OIH)....
Tech Breaks Support Here, Bear Market Picks Up Speed, Says Joe Friday
It has been a volatile week for the stock market, and technology stocks have taken another turn lower. As we look to Friday and the end of the week, it’s time to check in on our often-followed tech leader: The Semiconductors Sector. We have placed a lot of focus on...
