Why Stock Prices Could Be Headed Higher
Good morning, Revesters, Happy Thanksgiving to fellow Canadians. Markets are mixed this morning as equities digest the recent move higher. The Nasdaq is slightly lower, while the S&P 500 and…
Read More »Trade with the trend, even if you don’t like it.
Good morning, Revesters, Markets are fairly quiet this morning after the recent back-and-forth move. The S&P 500 is mostly flat, the Nasdaq is slightly lower, bonds are bouncing, the dollar…
Read More »Why Stocks Could Rally While Investors Run to Cash
Good morning, Revesters, Markets are still working through a very interesting setup. Yesterday, we focused on yields, bonds, the U.S. dollar, precious metals, panic selling, and the potential for the…
Read More »US indices close mixed with Dow, S&P and Nasdaq lower, but Russell and Nasdaq 100 higher
The major US stock indices are closing mixed as investors digest the stronger-than-expected US jobs report. The Dow, S&P 500 and Nasdaq closed modestly lower, while the technology-heavy Nasdaq 100 and…
Read More »What Is a Bear Market? (And How Day Traders Use It)
A bear market is a decline of 20% or more from a recent high, usually across a broad index like the S&P 500. The number is a convention rather than…
Read More »Open Gaps in the S&P 500: Why Most Get Filled
A gap is an empty zone on the chart where no trading happened: the market opened above yesterday’s high or below yesterday’s low and never traded in between. Gaps show…
Read More »Nasdaq and S&P indices are settling between risk/bias defining MAs as the week comes to a close
Both the Nasdaq and S&P indices are settling with nearly identical gains of around 0.45% on the day. From a technical perspective, both are also ending the week caught between…
Read More »30-Year Yield Warning: The Level That Could Change Everything for Stocks and Retirement Portfolios
In this interview with David Lin, I break down what I’m seeing in stocks, gold, Bitcoin, and especially the bond market, where the 30-year Treasury yield is approaching levels investors…
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