Written by Forrest Crist-Ruiz
Geopolitical stress from the Russia/Ukraine situation piles onto the market and the Fed which is now faced not only with worries of the U.S inflation numbers but extra price surges in energy.
Though the Fed has …
Written by Forrest Crist-Ruiz
Last week the major indices made a successful rally back into a short-term support area.
However, many see the price move as a rally back into a volatile resistance zone leading people to believe we could …
Written by Forrest Crist-Ruiz
The Regional Banking ETF (KRE) has made two consecutive closes over its 50-Day moving average confirming a bullish phase change.
KRE is also the only ETF in Mish’s Economic Economic Modern Family that is holding a …
Written by Forrest Crist-Ruiz
At the beginning of the week, investors worried as the market sold off.
Then Thursday, the major indices made a large gap lower igniting many to believe we had entered the beginning of a bear market.…
Written by Forrest Crist-Ruiz
Many traders actively watch the market and believe there are always opportunities to make money.
It can seem that way as there is almost always a symbol sitting in the new 52-week high list or another …
Written by Forrest Crist-Ruiz
By the end of Tuesday, the S&P 500 (SPY) and the Nasdaq 100 (QQQ) were able to rally off support from lows found in late January.
If they can hold their current prices, next we can …
Written by Forrest Crist-Ruiz
The Russell 2000 (IWM), S&P 500 (SPY), Dow Jones (DIA), and the Nasdaq 100 (QQQ) have all broken their previous minor support levels from Monday Feb 14ths low as seen in the above chart.
While the …
Written by Forrest Crist-Ruiz
Wednesday’s FOMC minutes release sparked a late-day rally in the stock market.
If the rally continues into Thursday, this could be a great area to watch for trade setups in some of our favorite sectors.
Even …
Written by Forrest Crist-Ruiz
Mish’s Economic Economic Modern Family which consists of 7 symbols that help guide us through the market has much of the same problems the major indices are stuck with currently.
Fairly tight trading ranges that keep …
Written by Forrest Crist-Ruiz
Currently, the market is digesting last Friday’s big move and is not giving us any clear directional signs.
After the major indices failed to clear key resistance levels last week the market began to sell-off.
Though …