Written by Forrest Crist-Ruiz
General Mills recently stated they would have to increase prices on many staple products.
This relates to recent price surges in fuel, packaging, and shipping costs.
Additionally, this has put a strain on not only food …
Written by Forest Crist-Ruiz
Tuesday’s market action has been sluggish at best. Of the four major indices, the Nasdaq 100 (QQQ) made the largest gain ending +0.45% on the day.
Tuesday’s average daily volume in the QQQ’s also took a …
Written by Forrest Crist-Ruiz
According to Mish’s Economic Economic Modern Family, the market remains mostly bullish with only the transportation sector (IYT) and regional banking (KRE) sitting in cautionary phases under their 50-day moving average.
However, most of the Economic …
Written by Forrest Crist-Ruiz
The stock market steadied itself, as the major indices clear or head to new highs.
Additionally, the media has slowed its aggressive inflation stance and looks to be shifting into the next trend as the newly …
Written by Forrest Crist-Ruiz
Since the lows, in March 2020 the stock market has made a huge rally and has broken to new highs in all the major indices.
Trillions of dollars have been spent to keep the economy in …
Written by Forrest Crist-Ruiz
Tuesday morning's trading session continued a large sell-off in Bitcoin which recently lingered near 41k in the prior weeks before selling off to roughly 29k.
However, dip buyers that have been waiting for the chance to …
Written by Forrest Crist-Ruiz
Friday, the major indices including the small-caps Russell 2000 (IWM) and S&P 500 (SPY) closed underneath their 50-Day moving average.
However, on Monday, both reversed and ended the day above their 50-DMA.
With Friday’s weak price …
Written by Forrest Crist-Ruiz
After Wednesday’s Fed announcement, the stock market has been sitting in an uneasy state.
The U.S dollar (UUP) has not only firmed but has pushed over resistance from its 200-Day moving average at 24.69 confirming an …
Written by Forrest Crist-Ruiz
After the FOMC minutes were released on Wednesday, the market responded with a sharp selloff.
The Feds' underestimation of rising inflation pushed them to consider scheduling rate increases in 2023.
While 2023 is still far in …
Written by Forrest Crist-Ruiz
Monday, we talked about transitory inflation and decided that if general demand for goods was to continue with such strength, one of the best places to keep an eye on for investing opportunities could be in …
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