How to Improve Your Profit Taking Rules

Mish Schneider | November 4, 2021

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 …


Major Indices Create Important New Support Levels

Mish Schneider | November 3, 2021

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 …


Why You Should Be Watching Junk Bonds (JNK) This Week

Mish Schneider | November 1, 2021

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 …


The Major Stock Indices Must Hold these Key Support Levels

Mish Schneider | October 31, 2021

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 …


Rotation into Big Cap Stocks-Will It Last?

Mish Schneider | October 27, 2021

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 …


Has the Housing Market Topped?

Mish Schneider | October 26, 2021

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 …


Why Is Consumer Staples (XLP) Outperforming the Season?

Mish Schneider | October 25, 2021

Written by Forrest Crist-Ruiz

The Consumer Staples ETF (XLP) is known to be an area of focus through market downturns as it offers exposer to companies that are historically safety plays.

Some of XLP’s biggest holdings include companies such as …


Did Jerome Powell Jump Scare the Major Stock Indices?

Mish Schneider | October 24, 2021

Written by Forrest Crist-Ruiz

Friday, the chair of the Federal Reserve –Jerome Powell spooked the market when he announced that the Fed would keep rates near zero and continue with its tapering schedule.

Though the market cannot blame Powell for …


Can the Major Indices Clear Their Pivotal Resistance Levels?

Mish Schneider | October 20, 2021

Written by Forrest Crist-Ruiz

Both the S&P 500 (SPY) and the Dow Jones (DIA) are poised to hit new highs, while the Nasdaq 100 (QQQ) and the small-cap index Russell 2000 (IWM) have a bit more territory to clear.

The …


Key Price Levels to Watch for an Active Netflix (NFLX) Trade

Mish Schneider | October 19, 2021

Written by Forrest Crist-Ruiz

Netflix (NFLX) will report earnings after Tuesday’s market close.

Although previous earnings for the company have been dreary at best with an average earnings surprise of less than half a percent for the past three quarters, …