Chart Of The Day: Copper Weakness Probably Not Done Yet
It has been a bad week for most risk assets this week and barring an unexpected sharp recovery today, we may well see some ugly-looking weekly candles to end this week.
A Bullish Summer In Natural Gas As Peak Season Is On The Horizon
When producers extract natural gas from the earth’s crust, the energy commodity is highly combustible. The price action in the natural gas futures arena can be just as volatile because the market has a three-decade history of price explosions and implosions.
Pay Attention To Gold Miners!
The junior mining stocks’ extreme underperformance is the “new normal” that barely anyone talks about. Ignorance is pleasant, but it comes at a cost.
Is The Small Cap Russell 2000 Index Rolling Over?
Small cap stocks spent several months charging higher out of the 2020 coronavirus crash lows.
But they have also spent the past several months forming a reversal pattern that is beginning to look like a “U-turn.”
S&P 500 Back Below 4,400. Is It A Dip To Buy Or A New Downtrend?
Stocks sold off yesterday as the fear of Fed tapering grew. Monday’s run-up was definitely a bull trap, and our short position is profitable now.
Opening Bell: U.S. Futures Waver With European Stocks; Yields, Gold Rally
US futures on the Dow, S&P, NASDAQ and Russell 2000 were pressured in the European session on Wednesday as investors sought direction after US stocks slumped during Tuesday’s Wall Street session by the most in a month, following
As Oil Prices Slump, 5 Things Could Drive Market Volatility
Oil prices continued slumping on Wednesday, as the market weighed the dollar’s strength compared to other currencies, along with the global rise of coronavirus cases.
Good News For The U.S. Indices; A Nice Trade In Tesla
It’s been a choppy week for the S&P 500 as opening waves of selling attempted to knock the index from its record-high perch.
Losses Continue As Dow Jones Finishes With Potential ‘Bull Trap’
Wednesday’s news was not the continued losses from the bearish wedge in the Russell 2000 as such losses have remained contained by the trading range.
U.S. Dollar’s Breakout Will Be Felt Across The Market
The dollar index has been rising steadily now for several weeks. With the Fed’s latest minutes indicating a tapering of asset purchases is near, the greenback may only continue to rally.