Written by Forrest Crist-Ruiz
With the Holiday weekend upon us let’s take a quick review of Mish’s Economic Economic Modern Family for new trends and ideas as we head into the new year.
The Family consists of 7 symbols that …
Written by Forrest Crist-Ruiz
High yield corporate bonds ETF (JNK) clears its 50-Day moving average at $108.24, but sits in a pivotal resistance zone.
Along with JNK the major indices are sitting near overhead resistance from recent highs or in …
Yesterday the market gapped higher after testing important support levels the day before.
With the markets sitting at very pivotal inflection points in their long-term trends, this was a perfect opportunity to use MarketGauge’s Opening Range tactics to determine whether …
Written by Forrest Crist-Ruiz
As the year nears its end, we have a lot of ideas to keep watch of.
Tuesday’s price action could be the late Santa rally people were hoping for.
Though it's better late than never, we …
Written by Forrest Crist-Ruiz
Currently, the major indices are trading near the lows of December or in the case of IWM near the bottom of its trading range around $208.
With 2021 wrapping up, there is still a lot of …
By Keith Schneider and Donn Goodman
The Holidays are here!
Investors anticipate the phenomenon that not only happens around most National Holidays, but especially during the Thanksgiving to Christmas season called “The Santa Claus Rally” on Wall Street.
This effect …
Written by Forrest Crist-Ruiz
While the Nasdaq 100 (QQQ) is down 0.3% on Friday's close, Cathy Woods Ark Innovation ETF (ARKK) closed over 6% on the day.
Additionally, ARKK made a strong close over yesterday high showing added strength when …
Written by Forrest Crist-Ruiz
Wednesday, investors waited for the FOMC minutes release at 2 PM EST to see whether the Fed would be hawkish or dovish in its response to the recent Producer Price Index report (PPI).
With the PPI …
Written by Forrest Crist-Ruiz
The Producer Price Index is accelerating at a quick pace with a 0.8% increase this November.
For the year, producer prices are up 9.6%.
As the media and market digest the increase in prices, the stagflation …
Written by Forrest Crist-Ruiz
Tis the season for a Santa Claus rally.
Though the reasons for a Santa Claus rally are debatable, the main school of thought is that because there is less institutional participation in the market with many …