Written by Forrest Crist-Ruiz
Currently, the small-cap index Russell 2000 (IWM) is leading in momentum compared to the S&P 500 (SPY) and the Nasdaq 100 (QQQ).
Looking at our Real Motion momentum (RM) indicator found in the above charts, we …
Since early fall 2021, we at MarketGauge have been urging you to focus on the fact that many of the economic and market indicators we evaluate were just not adding up.
As a subscriber, you may recall the numerous weekly …
Written by Forrest A Crist-Ruiz
It has been a tough year to pick winning stocks, and with more uncertainty ahead, now is not the time to be heavily invested in tech and big names that have broken down in price …
Written By Forrest Crist-Ruiz
The Russell 2000 (IWM) closed over its previous 3 trading days, making a small breakout from a consolidation area that has also held over its 10-Day moving average at $181.38.
Additionally, many of Mish’s Economic Economic …
Written by Mish
Buying ahead of taking out last week's high was premature.
Getting overly negative unless we fail last week’s low is equally premature.
I realize how sexy it is to be either very bullish or very bearish. And …
Written by Mish
Since 2010, QE saved the markets and the economy, which in turn led to big tech as the 10-year bull market savior.
The monthly chart of QQQs, which goes back from the dot com bubble, highlights the …
After 7 consecutive negative weeks for the S&P 500 (8 for the Dow), we witnessed a healthy reprieve this week.
The stage for this week’s rally was set by the prior week’s wild Friday (May 20th), during which the S&P …
Written by Forrest Crist-Ruiz
Energy plays have some of the best chart setups right now from a momentum breakout standpoint.
A perfect example of this can be seen in the above chart of the United States Oil Fund (USO).
Currently, …
Written by Forrest Crist-Ruiz
For the moment the downward trend stays intact as the market and media embrace more negative news.
News of a housing market top, increasing inflation, geopolitical stress, and more add a dampener to investor sentiment.
However, …
Written by Forrest Crist-Ruiz
The country has been under pressure from rising gas prices for months.
Even before the Ukraine war, gas was steadily increasing.
While the U.S continues to look for solutions to manage prices from releasing oil reserves …