This week was like a good gangster movie.
It contained high drama (how much will the Fed raise rates),
a love affair with the results (market rally Wednesday),
a quick turn in sentiment, and then…
the villain getting shot (the …
Written by Forrest Crist-Ruiz
Inflation is a spotlight topic in the media with more reports and predictions surfacing every day.
Since the Fed has been sorely wrong on its inflation predictions, the country is closely monitoring interest …
Written by Forrest Crist-Ruiz
The rate increase came in as expected at half a percent, showing that the Fed is going for the safest play instead of pushing for a .075% increase.
With that announcement, the market made a late-day …
Written by Forrest Crist-Ruiz
In reference to Monday’s article, we are watching for signs of a reversal in the major indices based on price and momentum.
As a follow-up, we can also look at Mish’s Economic Economic Modern Family to …
Written by Forrest Crist-Ruiz
This Wednesday the Fed will announce an interest rate increase.
So far, expectations are for + 0.5%.
While some believe this is too high as the market is struggling, others believe the Fed needs to be …
For much of the country thawing out from a long winter, we all look forward to April. But April can bring with it highly volatile weather, cold rain, and sleet. This April was no exception in the weather department.
If …
Written by Forrest Crist-Ruiz
Friday, the Nasdaq 100 (QQQ) closed -4.4% on the day.
Not far behind came the S&P 500 (SPY) at -3.6% along with the Russell 2000 (IWM) at -2.8%.
This comes after each failed to hold support …
Written by Forrest Crist-Ruiz
For the past 10 years, dip-buying weakness as the market has only been under pressure for short periods has worked out very well.
However, the economy and world are in a new situation that involves geopolitical …
Written by Forrest Crist-Ruiz
Mish’s Economic Economic Modern Family is made from 7 keys symbols that act as a guide for the stock market macro picture.
The Family consists of the Small-cap index Russell 2000 (IWM), Transportation (IYT), Retail (XRT), …
Written by Forrest Crist-Ruiz
Monday, the small-cap index Russell 2000 (IWM) found support near the bottom of its range.
After last week’s selling, this could either be a temporary bounce or a fake-out before weakness again sets in.
Because we …