Written by Forrest Crist-Ruiz
Over the past month, the four major indices have rallied to new highs.
As seen in the above charts, this is our first pullback since the market cleared key resistance.
Although the media has focused on …
Written by Forrest Crist-Ruiz
Monday, we talked about watching High Yield Corporate Bonds (JNK) and 20+ Year Treasury bonds (TLT) ETF as risk-on or off indicator.
With risky JNK moving lower and TLT pushing higher this gave us more caution …
Written by Forrest Crist-Ruiz
Inflation pressures take the medias focus this week.
Nevertheless, we must remember the news does not always align with market price.
With that said, prices are holding near highs in the major indices.
This is a …
Written by Forrest Crist-Ruiz
Mish’s Economic Modern Family consists of 5 key sectors, one major index, and Bitcoin.
Bring them all together and you have an easy and quick way to look at the market, grasp overall trends, and see …
Written by Forrest Crist-Ruiz
The S&P 500 (SPY) and the Nasdaq 100 (QQQ) both sit at highs, while the small-cap Russell 2000 (IWM) digests its recent breakout.
Triggered from Wednesday's bullish Fed meeting, the overall market has made a huge …
Written by Forrest Crist-Ruiz
The Fed has announced it will continue with its tapering plan.
However, the Fed will decrease bond-buying by 10 billion per month instead of the previously stated 15 billion.
As of now, the program is set …
Written by Forrest Crist-Ruiz
This Tuesday and Wednesday the Federal Reserve policy meeting will be held.
Investors are expecting to hear a tapering announcement involving the monthly bond-buying program.
This is the same program that has given the market its …
Written by Forrest Crist-Ruiz
Next week investors are expecting the Fed to announce a reduction in the monthly bond-buying program.
Jerome Powell – the Fed chair has previously stated that he’s looking to keep the original tapering schedule.
This means …
Written by Forrest Crist-Ruiz
Both the tech-heavy Nasdaq 100 (QQQ) and the S&P 500 (SPY) sit near their recent breakout levels.
This is a pivotal place for large-cap companies as the small-cap Russell 2000 (IWM) has already given up almost …
Written by Forrest Crist-Ruiz
Tuesday’s market shows mixed price action amid positive earnings reports and a 14% increase in home sales for September.
Focusing on the residential sector, many are looking for a top of the market as home sales …