An AI image to illustrate that while Monday, Granddad Russell (IWM) was offering a helping hand to his wife Granny Retail (XRT) , today, they both looked more vulnerable.
Just as the S&P 500 failed to clear its 23-month moving …
Just look at the March lows in Granddad Russell 2000 (IWM).
Now look at the March lows in Granny Retail (XRT).
So who is right?
IWM has moved up for the March lows and to start the week, took the …
We started out this year thinking that the economy stagnates, and inflation has a second wave or a super-cycle.
At this point, with 5 months into the year, the recent economic stats still support that our economy is contracting.
But …
This week I wrote a Daily on USO, the US Oil Fund.
Plus, I did a video for CMC Markets on those 2 commodities plus on Dollar pairs with Yen, Euro, British Pound.
I wrap the video up with a …
The four ratio indicators track key intermarket relationships which identify risk on/off market conditions.
These four indicators can be used together to confirm or identify the strength of the core risk on/off indicator which is the S&P 500 v. Utilities.…
Most associate lithium with EV usage.
The largest holding in the ETF basket (LIT) is Albemarle Corp. (ALB). The U.S. based company is not purely a lithium business as they also produce chemicals related to petroleum refining and consumer electronics.…
USO, US Oil Fund the ETF, invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.
Essentially, the top 6 holdings are crude oil futures from …
Sister Semiconductors is a character and leading sector in the Economic Economic Modern Family.
We use the ETF SMH to represent her contribution to the market, family, and economy.
The cartoon you see certainly reflects some of her Wonder Woman …
For today, I am including a clip that covers currency pairs and several commodities.
The four-chart screen is a daily screenshot of gold (GLD), sugar (continuous contract), the US dollar to the Euro (USDEUR) and platinum continuous contract (PLAT).
Gold …
I was honored to spend time on Making Money with Charles Payne, Fox Business, and give a brief glimpse into why I am not as bearish right now based on the macro. (link below)
My macro take based on business …
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