I describe the week’s actions and discuss where we are in the market for the upcoming week.
You’ve heard the increased discussion about “Deflation” in the global economy, but what does that mean? Let’s take a quick fly-by view of 8 Commodity Charts and see what’s happening and how to put this in context. We’ll start with four commodities hit worst by declining prices: A Deflationary Environment is marked (in simplest terms)…
As 2015 continues, we’re seeing persistent trends develop across key markets. Let’s take a look at one obvious trend, one stealthy trend, and two common trends we should be watching. All traders are likely aware of the “commodity crash” or collapse in Crude Oil prices. The collapse was widely reported and frequently traded – whether…
Pop Quiz – would you have made more money holding bonds all of 2014 or stocks? Easy, right? Stocks made many new all-time highs throughout the year and advanced 13% for a great year. Did you know bonds – at least measured by tradable ETF TLT – almost doubled that gain? It’s very hard to…
We’re accustomed to seeing stocks at all-time highs but what about other markets? And what do long-term charts – specifically back to the early 1980’s – show about stocks, the Dollar, Gold, Oil, and US Treasury Yields? There’s only one way to find out these insights from the long-term frame: Let’s see them! We’ll highlight…
Even if you are only a stock market trader, it’s important to view money flow moving across major markets. Let’s take a quick update of our “Cross-Market Money Flow” trends as we move into the middle of September. We’re seeing the futures contracts of the S&P 500, Gold, Crude Oil, and US Dollar Index. From…
I’m seeing increased chatter about Coal stocks and ETF KOL regarding a potential breakout and larger reversal. Let’s take a quick look at the Weekly and Daily Chart to highlight the key levels to watch, potential targets, and try to answer the question “Is this THE breakout?” First, I’m showing a longer-term weekly chart of…
Let’s take a quick look at the Cross-Market or Intraday Intermarket Landscape which sends a caution sign for the stock market. Though the stock market could easily ignore the signal, but let’s quickly view the message: In this chart, we’re seeing the S&P 500 ETF (SPY) which is colored Green along with Gold’s ETF (GLD…
File this under “I didn’t expect that!” – Treasury prices continue their recent rally and broke powerfully to new highs at roughly the same time the US Stock Market surged higher beyond resistance. The implication is that “something’s gotta give,” so let’s look at the situation and try to figure out what’s likely to happen…
If history repeats as it did in 2011, then we should heed the message of caution from the Consumer Discretionary/Staples Relative Strength Chart. Let’s take a look at the current message and compare that to a very similar pattern from 2011. The chat above shows the S&P 500 Daily Chart in a strong uptrend into…
What is the next likely swing (price movement) for India’s “NIFTY 50” stock market index? Let’s take a look at the Weekly and Daily Chart to plan a likely pullback or retracement pathway. The weekly chart shows an overextended swing from 6,000 to 6,800 with reversal candles into the upper Bollinger Band. I show prior…