Written by Forrest Crist-Ruiz
The Producer Price Index is accelerating at a quick pace with a 0.8% increase this November.
For the year, producer prices are up 9.6%.
As the media and market digest the increase in prices, the stagflation …
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 …