Written by Forrest Crist-Ruiz
Two of the biggest by market cap cryptocurrencies including Bitcoin and Ethereum have perked up near the lows.
Both have been trending down for the past month and looked as if they would test their recent …
Written by Forrest Crist-Ruiz
Tuesday the 4 major indices confirmed a reversal pattern with a close over the prior day's high.
In the above chart you can see all four indices created a new support level that needs to hold …
Written by Forrest Crist-Ruiz
With the markets’ recent decline, investors mindset could be shifting into protecting gains made throughout the year.
The recent blowoff from highs has also brought in more volatility with a potentially choppier environment.
Additionally, pandemic worries …
The recent runup to new highs in both the S&P 500 and the Nasdaq 100 came to an abrupt halt this week, and our Risk Gauges flipped negative in short order. It is also important to note the selloff in …
Written by Mish & Forrest Crist-Ruiz
Over the last week, we heard from the chair of the Federal Reserve Jerome Powell address worries over the recent 5.4% year over year inflation increase.
While the Fed continues to hold an accommodative …
Written by Forrest Crist-Ruiz
Earnings season is upon us and with the rising market, earnings expectations have followed.
This is especially true for the banking sector which is supposed to have well outperformed the first quarter.
The reason for such …
Written by Forrest Crist-Ruiz
With the release of the Consumer Price Index (CPI) report showing an inflation increase of 5.4% compared to the expected 3.8%, we should pay close attention to investments that keep inflation in mind.
Though we have …
Written by Forrest Crist-Ruiz
Supply chain issues have become a common term heard throughout 2021 now that companies are struggling to bring back pre-pandemic supply levels.
With that said, scaling supply is not so easy and takes time.
This is …
Both the S&P500 and the NASDAQ l00 continued their leadership by hitting new All-time highs while Grandpa Russell (IWM) continues to lag. Market Cap heavy FANG stocks are masking poor market internals and the Economic Modern Family is showing lackluster …
Written by Forrest Crist-Ruiz
Friday the Economic Economic Modern Family which consists of 5 sectors and 1 major Index made a quick turnaround in the small-cap index (IWM) and the retail space (XRT).
Both closed over their 50-Day major moving …