Written by Wade Dawson
IWM is about to reclaim and cross its 200-day moving average and the Real Motion Indicator is crossing the zero-line displaying strong upward momentum. IWM looks to be on the verge of a strong break out. …
Written by Wade Dawson
Popular commodity ETFs listed in descending order by year-to-date performance to 10-31-2022. For comparison, IWM, SPY, QQQ, and DIA performance highlighted. PALL ETF is the last ETF positive year-to-date. Please note that multiple commodity ETFs above …
Written by Wade Dawson and Mish Schneider
Consumer Discretionary is defined by the Consumer Discretionary Select Sector SPDR ETF (XLY) and Consumer Staples defined by the Consumer Staples Select Sector SPDR ETF (XLP). The chart displays the price ratio, or …
Written by Wade Dawson and Mish Schneider
This week it is crucial for traders to maintain the overall macro firmly in their vision.
We are keeping an eye on the indices, currency movements, the PCE print, and the GDP statistics.…
Written by Wade Dawson and Mish Schneider
Both growth and value stocks have advantages.
For years, investors have debated which investment strategy is better: growth or value.
The chart above shows that growth stocks had a great day Tuesday.
Over …
Written by Mish Schneider and Wade Dawson
This week is a big week for earnings.
Furthermore, PCE and GDP prints will also be closely watched.
This week will be important in determining the tone leading to the Fed meeting next …
Written by Mish Schneider and Wade Dawson
According to recent PPI and CPI prints, inflation has plateaued. Some analysts will argue that inflation has hit its zenith.
However, what if one of the next catalysts to even higher inflation is …
Written by Mish Schneider and Wade Dawson
The Grandaddy Russell 2000 rallied close to its 200-week moving average (topic of yesterday’s article) yesterday.
Wednesday, with rising yields once again, Gramps retreated.
In a bullish scenario, IWM continues to consolidate and …
Written by Mish Schneider and Wade Dawson
The 200-week moving average or about 4-years, represented on the charts as a green line, is starting to look like one of the more important and pivotal chart points.
Although there is very …
Written by Mish Schneider and Wade Dawson
Many investors wonder if the recent rally has legs, with the SP 500 down 25% YTD. Unfortunately, only time will tell if Monday’s rally is a dead cat bounce or a more sustainable …