Written by Mish and Forrest Crist-Ruiz
With the pandemic came a wave of new retail traders.
Using apps that make trading as easy as swiping up on a phone to execute an order, millennials and more jumped on the bull …
Written by Forrest Crist-Ruiz
Tuesday, the chairman of the Securities Exchange Commission Gary Gensler faced pushed back from senators about his recent ideas of adding cryptocurrency regulation along with other topics such as meme stocks, and zero trading commissions.
Specifically …
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 …
The market sold off this week as a result of the convergence of weak seasonals, poor momentum, eroding market internals, a very confusing message from the economic data, and a lack of clarity about what the Fed will do next.…
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 …
Given the positive move of our risk gauges into risk on all the major Indices and given the recent leg up in some of the largest capitalization growth stocks, is this a new bullish phase up or an eventual repeat …
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 …
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