Written by Forrest Crist-Ruiz
Both the tech-heavy Nasdaq 100 (QQQ) and the S&P 500 (SPY) sit near their recent breakout levels.
This is a pivotal place for large-cap companies as the small-cap Russell 2000 (IWM) has already given up almost …
Written by Forrest Crist-Ruiz
Tuesday’s market shows mixed price action amid positive earnings reports and a 14% increase in home sales for September.
Focusing on the residential sector, many are looking for a top of the market as home sales …
Written by Forrest Crist-Ruiz
The Consumer Staples ETF (XLP) is known to be an area of focus through market downturns as it offers exposer to companies that are historically safety plays.
Some of XLP’s biggest holdings include companies such as …
Markets continue to behave as they have during other market cycles.
Two key equity benchmarks (SPY and DIA) made all-time highs.
The important question to answer is, what stage are we in… is it euphoric?
Classic market valuation metrics (Buffet …
Written by Forrest Crist-Ruiz
Friday, the chair of the Federal Reserve –Jerome Powell spooked the market when he announced that the Fed would keep rates near zero and continue with its tapering schedule.
Though the market cannot blame Powell for …
Written by Forrest Crist-Ruiz
Both the S&P 500 (SPY) and the Dow Jones (DIA) are poised to hit new highs, while the Nasdaq 100 (QQQ) and the small-cap index Russell 2000 (IWM) have a bit more territory to clear.
The …
Written by Forrest Crist-Ruiz
Netflix (NFLX) will report earnings after Tuesday’s market close.
Although previous earnings for the company have been dreary at best with an average earnings surprise of less than half a percent for the past three quarters, …
Written by Forrest Crist-Ruiz
Earnings season has taken the stage for the next couple of weeks as the market steadies itself for another move higher.
Of course, another push higher means that companies will need to outperform or show signs …
I am sure by now you and your family are feeling the effects of rising inflation. It has manifested itself in just about every aspect of American life…rising food costs, building supplies, housing costs, energy and most of all, good …
Written by Forrest Crist-Ruiz
As seen on the above chart, two of the major indices including the S&P 500 (SPY) and the Dow Jones (DIA) cleared prior resistance from their 50-Day moving averages (DMA).
On the other hand, the Russell …