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 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 like …
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 …
The Market Outlook for 2023 was written in December 2022.
I have a designated radar screen for all the predictions and stock picks.
The picks especially remain a focus for short-term and longer-term trades, depending on market conditions.
In December …
I am back from 2 weeks of whirlwind travel and presenting at both the Money Show in Las Vegas and Charting Forward at Stockcharts.com
I thank Geoff Bysshe, the President of MarketGauge.com for filling in for me.
After the market …
Today I’ve got a handful of bullish stock charts for your watchlist next week.
The importance of these stock charts begins with the table shown above. You can find this Sector Summary table updated daily at www.marketgauge.com/sectors.
If you were …
Today’s daily is two videos by Mish from the studios of StockCharts.com.
The first video is Mish’s Daily Five.
In this video Mish explains why Grandma Retail (XRT), may become our new leading indicator.
In addition, Mish reviews how to …
The real reaction to today’s Fed meeting is likely to happen tomorrow.
All eyes and ears were on Chairman Powel today. Most notable was how he and the markets were clearly uncomfortable with the press conference, but it was not …
Stocks began the day weak, and weaker than most traders probably realized. As you can see in the intra-day chart below, short-term momentum, as measured by Real Motion, had rolled on Monday.
As a result, when the SPY broke its …