Written by Forrest Crist-Ruiz
The market is looking to hold its current price area along with Monday’s low as a new key support level.
Additionally, with many banks coming out of earnings season the Regional Banking ETF (KRE) is perking …
Written by Forrest Crist-Ruiz
The Stock market has been under pressure from upcoming interest rate hikes, inflation, and a worrying overseas situation in Ukraine.
However, Monday’s gap lower was followed by a late-day rally in all four major indices.
With …
Written by Forrest Crist Ruiz
As the stock market corrects and potentially forms a new trend, traders who don’t have strict plans might be wondering what to do next.
So far, many symbols along with the market are not dipping …
Written by Mish
So far these last couple of weeks, we have written and talked about trading ranges, January calendar ranges, inflation, stagflation and precious metals.
And, we have also talked and written about the Transportation sector as the prime …
Written by Mish
As we now enter the second half of January in a new year, the persistent trading range continues.
Particularly in the small caps or Russell 200 (IWM), since February 2021, the trading range has been from 204-233.…
Written by Forrest Crist-Ruiz
To get a quick overview of the markets direction, let’s look at Mish’s Economic Economic Modern Family (MF).
Also, if you haven’t picked up Mish’s 2022 Yearly Outlook, here is a full report that not only …
Written by Forrest Crist-Ruiz
Everyone knows inflation is on the rise and with the latest year-over-year inflation numbers up 7%, investors are finally getting the picture that market growth has challenges ahead.
Now, investors are searching for the next areas …
Written by Forrest Crist-Ruiz
For roughly three months the biotechnology ETF (IBB) has been trending lower.
Though it’s made multiple attempts to clear the 50-Day moving average, it has failed.
However, IBB has made consistent runs towards its 50-DMA and …
Written by Forrest Crist-Ruiz
Last week Mish released her yearly outlook report with dozens of ideas on trends and trades going into the new year.
Greece ETF (GREK) is one of those picks.
While the major indices were selling off …
Written by Forrest Crist-Ruiz
This week has been a wild ride from new highs followed by a quick pullback towards support in certain indices.
High Yield Corporate Debt ETF (JNK) which we use as a risk on or off indicator …