Written by Forrest Crist-Ruiz
Mish’s Economic Economic Modern Family looks to have found temporary support as each of the members has closed over the prior day's high providing relief from the downward trend.
However, will this last, or is the …
Written by Forrest Crist-Ruiz
Taking a step back and looking at important reference points and percentages helps us grasp where the stock market is and where it’s potentially going.
Focusing on the small-cap index, the Russell 2000 (IWM) has broken …
Written by Forrest Crist-Ruiz
Tuesday, the Nasdaq 100 (QQQ) outperformed the other indexes ending the day +1.20%, while other major indices closed roughly flat on the day.
From the momentum side, our Real Motion (RM) indicator is flirting with the …
Written by Forrest Crist-Ruiz
All the major indices tumbled on Monday leading to a large liquidation.
Even safety plays such as precious metals like gold (GLD) and silver (SLV) were down on the day.
Many are wondering what to do …
Written by Forrest Crist-Ruiz
Inflation is a spotlight topic in the media with more reports and predictions surfacing every day.
Since the Fed has been sorely wrong on its inflation predictions, the country is closely monitoring interest …
Written by Forrest Crist-Ruiz
The rate increase came in as expected at half a percent, showing that the Fed is going for the safest play instead of pushing for a .075% increase.
With that announcement, the market made a late-day …
Written by Forrest Crist-Ruiz
In reference to Monday’s article, we are watching for signs of a reversal in the major indices based on price and momentum.
As a follow-up, we can also look at Mish’s Economic Economic Modern Family to …
Written by Forrest Crist-Ruiz
This Wednesday the Fed will announce an interest rate increase.
So far, expectations are for + 0.5%.
While some believe this is too high as the market is struggling, others believe the Fed needs to be …
Written by Forrest Crist-Ruiz
Friday, the Nasdaq 100 (QQQ) closed -4.4% on the day.
Not far behind came the S&P 500 (SPY) at -3.6% along with the Russell 2000 (IWM) at -2.8%.
This comes after each failed to hold support …
Written by Forrest Crist-Ruiz
For the past 10 years, dip-buying weakness as the market has only been under pressure for short periods has worked out very well.
However, the economy and world are in a new situation that involves geopolitical …