Written by Forrest Crist-Ruiz
Friday the CPI numbers were reported showing that while the Fed has continued to increase rates, inflation has again pushed higher.
This worsens investor sentiment and increases fears that a recession is inbound.
This was reflected …
Written by Forrest Crist-Ruiz
On Wednesday, the Russell 2000 (IWM) failed to make a second close over its 50-Day moving average.
As the current leader of the major indices, IWM has been playing a very important role in the overall …
Written by Forrest Crist-Ruiz
Although we are watching for another step up in the major indices, we are also looking at safety plays in commodities.
Specifically looking at precious metals such as gold (GLD) and Silver (SLV) one thing stands …
Written by Forrest Crist-Ruiz
Currently, the small-cap index Russell 2000 (IWM) is leading in momentum compared to the S&P 500 (SPY) and the Nasdaq 100 (QQQ).
Looking at our Real Motion momentum (RM) indicator found in the above charts, we …
Written by Forrest A Crist-Ruiz
It has been a tough year to pick winning stocks, and with more uncertainty ahead, now is not the time to be heavily invested in tech and big names that have broken down in price …
Written By Forrest Crist-Ruiz
The Russell 2000 (IWM) closed over its previous 3 trading days, making a small breakout from a consolidation area that has also held over its 10-Day moving average at $181.38.
Additionally, many of Mish’s Economic Modern …
Written by Mish
Buying ahead of taking out last week's high was premature.
Getting overly negative unless we fail last week’s low is equally premature.
I realize how sexy it is to be either very bullish or very bearish. And …
Written by Mish
Since 2010, QE saved the markets and the economy, which in turn led to big tech as the 10-year bull market savior.
The monthly chart of QQQs, which goes back from the dot com bubble, highlights the …
Written by Forrest Crist-Ruiz
Energy plays have some of the best chart setups right now from a momentum breakout standpoint.
A perfect example of this can be seen in the above chart of the United States Oil Fund (USO).
Currently, …
Written by Forrest Crist-Ruiz
For the moment the downward trend stays intact as the market and media embrace more negative news.
News of a housing market top, increasing inflation, geopolitical stress, and more add a dampener to investor sentiment.
However, …