Written by Forrest
Last Friday the Russell 2000 (IWM) index and Semiconductors (SMH) cleared their 50-Day moving average.
From a technical standpoint this looked as though the rally would continue into Monday.
At least that is what traders/investors were hoping …
Active investors and traders can learn a lesson or two from watching baseball, and...
This week on April 1, all 30 Major League Baseball (MLB) teams will begin their 2021 season and hopefully survive a full schedule of 162 games …
Written by Forrest
Mish’s Economic Economic Modern Family is made up of 5 key sectors and 1 index.
Each member has been specifically chosen to help investors/traders navigate the market by giving an easy way to see emerging trends and …
ETF Summary
S&P 500 (SPY) 385.80 support the 50-DMA
Russell 2000 (IWM) Watching to test the 50-DMA at 220.31
Dow (DIA) Held 320 support.
Nasdaq (QQQ) Needs to stay over 309.
KRE (Regional Banks) Support 50-DMA at 62.82.
SMH (Semiconductors) …
Written by Forrest
Wednesday the Russell 2000 (IWM) confirmed a cautionary phase change with a second close under the 50-day moving average.
A cautionary phase is defined by current price sitting under the 50-DMA with the 50-DMA over the 200-DMA.…
Written by Forrest
Tuesday, the Nasdaq 100 (QQQ) came close to clearing the 50-day moving average at $321.08.
This was the second attempt to clear this moving average with the first attempt happening last week.
Though the QQQs were unable …
Last week increasing bond yields had the market worried.
Come Monday, the 20+ year treasury bond ETF (TLT) gapped higher and ended the day up 1.12%
This fared especially well for growth stocks as the Nasdaq 100 (QQQ) tests resistance …
After a two-year, COVID-19 induced hiatus…
This week I was reminded of the excitement of the return this weekend of March Madness (NCAA men’s basketball tournament).
My colleague’s description of the March Madness betting expectations sounded like the same stories …
After a two-year, COVID-19 induced hiatus… This week I was reminded of the excitement of the return this weekend of March Madness (NCAA men’s basketball tournament). My colleague’s description of the March Madness betting expectations sounded like the same stories …
When to Trade and When to Do Nothing...
The easy answer to this question is if you do not know what to do, you should probably do nothing.
But it gets more complicated if you do not know why you …