Written by Forrest Crist-Ruiz
At the beginning of the week, investors worried as the market sold off.
Then Thursday, the major indices made a large gap lower igniting many to believe we had entered the beginning of a bear market.…
Written by Forrest Crist-Ruiz
Many traders actively watch the market and believe there are always opportunities to make money.
It can seem that way as there is almost always a symbol sitting in the new 52-week high list or another …
Written by Forrest Crist-Ruiz
By the end of Tuesday, the S&P 500 (SPY) and the Nasdaq 100 (QQQ) were able to rally off support from lows found in late January.
If they can hold their current prices, next we can …
Written by Forrest Crist-Ruiz
The Russell 2000 (IWM), S&P 500 (SPY), Dow Jones (DIA), and the Nasdaq 100 (QQQ) have all broken their previous minor support levels from Monday Feb 14ths low as seen in the above chart.
While the …
I vividly remember the first golden arches that landed in my hometown in the 1960’s. I recall my mother putting my brother and I in our Chrysler LeBaron and heading over to McDonalds.
I would always get a hamburger, french …
Written by Forrest Crist-Ruiz
Wednesday’s FOMC minutes release sparked a late-day rally in the stock market.
If the rally continues into Thursday, this could be a great area to watch for trade setups in some of our favorite sectors.
Even …
Written by Forrest Crist-Ruiz
Mish’s Economic Economic Modern Family which consists of 7 symbols that help guide us through the market has much of the same problems the major indices are stuck with currently.
Fairly tight trading ranges that keep …
Written by Forrest Crist-Ruiz
Currently, the market is digesting last Friday’s big move and is not giving us any clear directional signs.
After the major indices failed to clear key resistance levels last week the market began to sell-off.
Though …
“The heat is on, on the street
Inside your head, on every beat
And the beat's so loud, deep inside
The pressure's high, just to stay alive
'Cause the heat is on”
The Heat is On by the Eagles
Another …
Written by Forrest Crist-Ruiz
Both the S&P 500 (SPY) and the Nasdaq 100 (QQQ) failed to clear key resistance areas this past week.
Additionally, the CPI reported that inflation is yet again on the rise sitting over 7% on a …