Written by Forrest Crist-Ruiz
The market is about to enter the month of September which many investors view as a historically negative month in the trading year.
Also called the September effect some analysts attribute a selling from investors rebalancing …
Written by Forrest Crist-Ruiz
Monday, both the S&P 500 (SPY) and the Nasdaq 100 (QQQ) again climbed to new highs.
While the large-cap indices continue to lead the market, the Economic Modern Family made little progress.
However, each Family member …
Written by Forrest Crist-Ruiz
Friday, the Fed’s Jackson Hole symposium stimulated the market with all 4 major indices closing positive.
Due to the improvement in the economy, the Fed feels more comfortable with tapering monetary policy possibly near the end …
Written by Forrest Crist-Ruiz
With the Jackson Hole Fed meeting coming up, the market could be expecting taper talks as the Fed at some point will be looking to decrease their 120-Billion monthly bond-buying program.
However, the Fed has been …
Written by Forrest Crist-Ruiz
Bitcoin continues its rally up with a recent break over the 50K price level.
However, many investors are watching for Bitcoin to clear 51K as the next hurdle.
With that said, if we are expecting Bitcoin …
Written by Forrest Crist-Ruiz
Monday the market continued its rally from Friday of last week with the S&P 500 (SPY) and Nasdaq 100 (QQQ) clearing all-time highs.
Again, the tech sector and large-cap stocks are leading the market higher.
However, …
Written by Forrest Crist-Ruiz
Above is a chart of the Russell 2000 (IWM). It is one of the most valuable indices as it tracks 2000 small-cap companies and therefore gives a great picture of the overall market direction.
Since the …
Written by Forrest Crist-Ruiz
The Economic Modern Family now has 5 members sitting in a confirmed cautionary phase.
A cautionary phase is defined by the 50-Day moving average stacked over the 200-DMA with the price between both moving averages.
As …
Written by Forrest Crist-Ruiz
Tuesday, the retail earnings report came out -0.8% lower than expected, amid recent highs in two of the major indices.
This caused the market to gap lower following a continued selloff throughout the day.
However, the …
Written by Forrest Crist-Ruiz
Since mid-May, the Transportation sector (IYT) has been trending lower.
Currently, IYT sits just under resistance from its 50-Day moving average at $257.98.
Additionally, the small-cap index Russell 2000 (IWM) has traded sideways for over a …
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