Written by Forrest Crist-Ruiz
The market is about to enter the month of September which many investors view as a historically negative month in the trading year.
Also called the September effect some analysts attribute a selling from investors rebalancing …
Written by Forrest Crist-Ruiz
Monday, both the S&P 500 (SPY) and the Nasdaq 100 (QQQ) again climbed to new highs.
While the large-cap indices continue to lead the market, the Economic Economic Modern Family made little progress.
However, each Family …
This week markets regained its footing with risk gauges improving while the Hindenburg Indicator increased its reading to ominous levels as well. Market internals improved across key equity benchmarks to best levels since mid-June, benefitting small caps (IWM/Grandpa Russel) the …
Written by Forrest Crist-Ruiz
Friday, the Fed’s Jackson Hole symposium stimulated the market with all 4 major indices closing positive.
Due to the improvement in the economy, the Fed feels more comfortable with tapering monetary policy possibly near the end …
Written by Forrest Crist-Ruiz
With the Jackson Hole Fed meeting coming up, the market could be expecting taper talks as the Fed at some point will be looking to decrease their 120-Billion monthly bond-buying program.
However, the Fed has been …
Written by Forrest Crist-Ruiz
Bitcoin continues its rally up with a recent break over the 50K price level.
However, many investors are watching for Bitcoin to clear 51K as the next hurdle.
With that said, if we are expecting Bitcoin …
Written by Forrest Crist-Ruiz
Monday the market continued its rally from Friday of last week with the S&P 500 (SPY) and Nasdaq 100 (QQQ) clearing all-time highs.
Again, the tech sector and large-cap stocks are leading the market higher.
However, …
Markets continue to chop during this seasonally weak period and have made no progress over the past 30 days.
Price patterns of the key US Equity indexes are holding up at key moving averages, but there are signs of stress …
Written by Forrest Crist-Ruiz
Above is a chart of the Russell 2000 (IWM). It is one of the most valuable indices as it tracks 2000 small-cap companies and therefore gives a great picture of the overall market direction.
Since the …
Written by Forrest Crist-Ruiz
The Economic Economic Modern Family now has 5 members sitting in a confirmed cautionary phase.
A cautionary phase is defined by the 50-Day moving average stacked over the 200-DMA with the price between both moving averages.…
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