Written by Forrest Crist-Ruiz
The major indices closed surprisingly well on Monday.
Although the initial morning gap-up did not hold, the Dow Jones (DIA) and the Russell 2000 (IWM) were able to make a comeback with support from IWM’s 50-DMA …
Written by Forrest Crist-Ruiz
When the market struggles to decide which direction to travel in, we tend to see increased volatility.
Throughout last week the market was struggling to pick a direction until finally it threw in the towel and …
Written by Forrest Crist-Ruiz
Representing 2000 small-cap companies, the Russell 2000 (IWM) gives a great view of the overall market picture.
Recently we talked about watching our Real Motion momentum indicator to time a buy entry if it cleared its …
Written by Forrest Crist-Ruiz
The jobs market is growing with more companies offering higher wages and increased benefits.
For instance, Walmart increased its average minimum wage to $16 an hour and has a program to pay for worker's tuition at …
Written by Forrest Crist-Ruiz
Friday, the Jobs report showed 235,000 new jobs reported for August.
This was not good news since the estimate was roughly 500,000 higher.
Ouch!
However, the major indices did not take a large hit and closed …
Written by Forrest Crist-Ruiz
Recently the small-cap index Russell 2000 (IWM) cleared $225.
This was a main resistance level dating back to early August.
Now that IWM had cleared resistance, will it make new highs?
One way we can judge …
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 Economic Modern Family made little progress.
However, each Family …
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 …
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