Written by Forrest Crist-Ruiz
As the Covid-19 Delta variant spreads across the United States, the CDC continues to update its guidelines to mitigate further spread.
Although we don’t know if there will be any nationwide lockdowns or reduced travel restrictions …
Written by Forrest Crist-Ruiz
Three of the four major indices including the S&P 500 (SPY), Nasdaq 100 (QQQ), and the Dow Jones (DIA) inched to new highs, while the Russell 2000 (IWM) struggles in its current price range.
It is …
Written by Forrest Crist-Ruiz
The week started with a large rally and is now ending with the Nasdaq 100 (QQQ) and the S&P 500 (SPY) at all-time highs.
Though the Dow Jones (DIA) is not far behind, the small-cap index …
Written by Forrest Crist-Ruiz
Two of the biggest by market cap cryptocurrencies including Bitcoin and Ethereum have perked up near the lows.
Both have been trending down for the past month and looked as if they would test their recent …
Written by Forrest Crist-Ruiz
Tuesday the 4 major indices confirmed a reversal pattern with a close over the prior day's high.
In the above chart you can see all four indices created a new support level that needs to hold …
Written by Forrest Crist-Ruiz
With the markets’ recent decline, investors mindset could be shifting into protecting gains made throughout the year.
The recent blowoff from highs has also brought in more volatility with a potentially choppier environment.
Additionally, pandemic worries …
Written by Mish & Forrest Crist-Ruiz
Over the last week, we heard from the chair of the Federal Reserve Jerome Powell address worries over the recent 5.4% year over year inflation increase.
While the Fed continues to hold an accommodative …
Written by Forrest Crist-Ruiz
Earnings season is upon us and with the rising market, earnings expectations have followed.
This is especially true for the banking sector which is supposed to have well outperformed the first quarter.
The reason for such …
Written by Forrest Crist-Ruiz
With the release of the Consumer Price Index (CPI) report showing an inflation increase of 5.4% compared to the expected 3.8%, we should pay close attention to investments that keep inflation in mind.
Though we have …
Written by Forrest Crist-Ruiz
Supply chain issues have become a common term heard throughout 2021 now that companies are struggling to bring back pre-pandemic supply levels.
With that said, scaling supply is not so easy and takes time.
This is …