Written by Forrest Crist-Ruiz
Tis the season for a Santa Claus rally.
Though the reasons for a Santa Claus rally are debatable, the main school of thought is that because there is less institutional participation in the market with many …
Written by Forrest Crist-Ruiz
With a stock market gap up on Tuesday, many traders scrambled to re-enter as they grappled with FOMO (fear of missing out).
Additionally, the market is reaching a pivotal point as traders who piled in, wait …
Written by Forrest Crist-Ruiz
Over the past three trading days, the major indices have made a remarkable rally from the recent lows.
However, the small-cap index Russell 2000 (IWM) has only bounced back into the middle of its trading range.…
Written by Forrest Crist-Ruiz
Two sectors within Mish’s Economic Economic Modern Family including transportation (IYT) and semiconductors (SMH) have rallied near all-time highs.
Now we should watch for the highs to clear as this could signify the next step for …
Written by Forrest Crist-Ruiz
The Nasdaq 100 continues to show a weak hand.
Riddled with tech companies that are selling off, the Nasdaq 100 (QQQ) has struggled to hold over its 50-Day moving average at $381.02.
Having said that, the …
Written by Forrest Crist-Ruiz
I have recently heard a saying stating that the current market behavior can lead to “death by a thousand cuts.”
This is often the case in a choppy market where buyers and sellers are constantly battling …
Written by Forrest Crist-Ruiz
A distribution phase as taught through Mish’s book “Plant Your Money Tree” is when the price of a symbol is trading underneath the 50 and 200-Day moving average while the 50-DMA is trading above the 200-DMA.…
Written by Forrest Crist-Ruiz
The stock markets sits in a dicey situation with not only the Omicron Variant adding stress to economic growth, but through the Fed chair Jerome Powell commenting on the possibility of speeding up tapering.
Though the …
Written by Forrest Crist-Ruiz
Besides the Russell 2000 (IWM), the Nasdaq 100 (QQQ), S&P 500 (SPY), and the Dow Jones (DIA) have closed over Friday’s high creating a decent reversal.
This has placed the four major indices in an interesting …
Written by Forrest Crist-Ruiz
The oil market has the media spotlight with projected prices continuing to rise.
Shortages, inflation, and economic growth have all been major factors in oil trending higher throughout this year.
With gas at a 7 year …