Will Semiconductors (SMH) Reversal Lead Stock Market Lower?
The stock market has been on an incredible run. As we have pointed out several times, the bull market's run higher has been led by technology stocks, more precisely, semiconductor stocks. So, with the stock market indices taking a pause, it makes sense to monitor...
Household Ownership of Equities At All-Time High; Should Investors Be Concerned?
With the stock market trading at all-time highs and seemingly pressing higher and higher by the month in 2024, it should come as no surprise that households across America are upping their exposure to equities. More precisely, according to Ned Davis Research, stocks...
Junk Bonds versus Government Bonds: Why It Matters
When stocks are in a bull market, we tend to see assets like growth stocks and junk bonds perform well as investors are in “risk-on” mode. And often times, these are the assets to start under-performing when the stock market goes through a sell-off or correction....
Is S&P 500 Equal Weight Index About To Topple Market?
Whether the stock market is trending higher or lower, or even trading sideways, I’ve always found it helpful to watch the equal weight indices for insights about market breadth and market health. So today, with the S&P 500 Index trading near highs, I think it’s a...
Will Tech Stocks Turn Bearish Here?
Technology stocks have continue to lead the broader market higher in 2024, posting new high after new high. At the same time, this is the very reason we watch the Nasdaq related indices very closely with each pause in the market. When leadership is strong, the market...
Are Semiconductor Stocks Targeting Much Higher Prices?
Technology stocks remain hot as semiconductor stocks like Nvidia (NVDA) continue to lead the way higher. In that light, we take another look at the red-hot Semiconductors Sector ETF (SMH) and highlight why it should be on your radar. Note that we have written...
Gold Miners (GDX) Facing 13-Year Resistance!!!
Gold prices have moved steadily higher and this has provided a strong tailwind to gold mining stocks. Today, we’ll highlight a very bullish setup in this sector by looking at the Gold Miners ETF (GDX). The chart below is a long-term “monthly” chart that highlights a...
Important Gold Indicator Experiencing Multi-Year Breakout!
2024 has been filled with headlines about stock market highs and stocks such as Nvidia. But one major asset and commodity that is making an historic rally is Gold. This comes after a long, boring sideways move with a lot of ups and downs… so it’s understandable why...
Silver Bull Market Starting? Watch This Rare Bullish Signal!
When we discuss bull markets and areas of leadership, we usually point to out-performance. We’ve been writing a lot about precious metals lately, and today we look at Silver. Two things we love to see: Silver out-performing Gold (sign of risk-on), and precious metals...
Silver Breakout May Lead to Historic Price Rally Says Joe Friday!
Precious metals have been very strong over the past two years, with Gold breaking out of a historic bullish pattern. Is it time for Silver to do the same? Silver has rallied sharply but is facing heavy resistance. Let’s look at the chart! “The facts, Ma’am. Just the...