Oil. Commonly referred to as Black Gold. In one way or another, everyone on the planet uses it. Recently, every newspaper, financial magazine, National TV news, Congressional press conference and geopolitical commentary mentions oil and its rapidly rising price.
During …
Written by Forrest Crist-Ruiz
Although we’ve had a choppy week in the market, key areas held in the major indices showing upside potential for Monday.
Currently, the main support levels are near the 50-Day moving average (blue line) in the …
Written by Forrest Crist-Ruiz
Though it’s easy to forget about meme stock as they’ve been out of focus for a while, the big two have made a comeback over their 50-Day moving average.
GameStop (GME) and AMC Theatres (AMC) as …
Written by Forrest Crist Ruiz
We have and continue to use Mish’s economic Economic Modern Family to successfully navigate through the pandemic and now in 2022, we use its insights to guide us through a year that has three main …
As Forrest typically writes the Daily commentary, and quite well I might add, today please consider me a guest host to my own blog.
As such, I want to wrote about a setup not quite ready, but one that should …
After many months of speculation, the Federal Reserve finally took away the punch bowl. This ended speculation of “when” and followed their action of reducing an accommodating stance. They began to reduce their bond buying a few months back, so …
Written by Forrest Crist-Ruiz
After the quarter-percent rate increase, the market continues to rally off recent lows.
Now all the major indices besides the Nasdaq 100 (QQQ) have cleared resistance from their 50-Day moving average as seen in the above …
Written by Forrest Crist-Ruiz
Wednesday, the market rallied into the Feds rate announcement, showing speculator's optimism given the current downward trend.
It also helped that Monday, the Nasdaq 100 (QQQ) held key support at $318 sparking a rally on Tuesday.…
Written by Forrest Crist-Ruiz
The overall trend in the major indices is downward.
Though we’ve had small rallies, our last jump in price was minor and right into resistance.
Specifically looking at the QQQs we have reached a key support …
A Nickel is worth more than a Dime
Russian’s’ invasion into Ukraine and the US (and Europe’s) sanctions coupled with a disruption of goods from Russia and Ukraine have sent commodity prices soaring. Wheat and Nickel are major exports from …
Watch Out! Last Week Was Different.
Space Stock (SATL) Takes Off, and Energy Stocks Fall.
April 5, 2026
