Written by Forrest Crist-Ruiz
For the past week, the major indices have been very choppy.
Without clear direction in the indices, volatility has increased making price swings faster and thus tougher to time.
However, times like this prove how important …
Written by Forrest Crist-Ruiz
The small-cap Russell 2000 index (IWM) cannot make up its mind.
For the past three trading days, IWM has not been able to clear a pivotal resistance area created from the 50-Day moving average at $225.…
Last week was a wild week in the cryptocurrency market. Sentiment has quickly changed from 50/50 bullish vs. bearish to almost entirely bullish in just the last 10 days. This is indicative of the significance that non-technical factors can have …
Last week the much anticipated Robinhood IPO and several high-profile earnings announcements revealed a lot about investor sentiment and what to expect for market’s trend going forward.
First, the Robinhood IPO had the potential to create an obvious indicator of …
Written by Forrest Crist-Ruiz
The past week's earnings have set the market stage with large tech companies such as Apple, Google, and Microsoft beating earnings estimates.
With that said, prices look to be waning not only in the large tech …
Written by Forrest Crist-Ruiz
Google recently joined the list of growing companies to postpone their back-to-work plans as the Covid-19 delta variant continues to spread.
Along with Google, Apple has previously extended working from home for the same reason.
With …
Written by Forrest Crist-Ruiz
As the Covid-19 Delta variant spreads across the United States, the CDC continues to update its guidelines to mitigate further spread.
Although we don’t know if there will be any nationwide lockdowns or reduced travel restrictions …
Written by Forrest Crist-Ruiz
Three of the four major indices including the S&P 500 (SPY), Nasdaq 100 (QQQ), and the Dow Jones (DIA) inched to new highs, while the Russell 2000 (IWM) struggles in its current price range.
It is …
July often sets up conditions for late summer rallies, as well as significant tops.
As a result, July can be a frustrating and confusing period. Last week was a good example of why.
I’ll start with the bearish case…
#1) …
Written by Forrest Crist-Ruiz
The week started with a large rally and is now ending with the Nasdaq 100 (QQQ) and the S&P 500 (SPY) at all-time highs.
Though the Dow Jones (DIA) is not far behind, the small-cap index …