On this week’s edition of Moxie Indicator Minutes, TG explains that the market has been pulling back after the 2-day jump from CPI, which makes sense considering how vertical the move was and unsupported. Now, with the pullback, we have ...
I was reviewing my weekly ChartList reports this afternoon and noticed this one, showing the top performing sectors for the week. Only three of the 11 S&P 500 sectors were up on the week: Consumer Staples, Utilities and Health Care. Not ...
We watch the 30-Year Fixed Mortgage Interest Rate, because, for the most part, people buy homes based upon the maximum monthly payment they can afford. As rates rise, a fixed monthly payment will carry a smaller mortgage amount. As buying ...
It can take time to determine what financial news to trust and who to follow, with many conflicting market opinions and a 24-hour-driven news culture.That’s one reason we use a rules-based methodology and quant modeling, combined with our proprietary trading ...
Gosh, I was pleased that so many of you emailed me with your own pearls of wisdom gleaned from ChartCon 2022. It shows once again that investors can look at the same chart and have vastly different takeaways. Likewise, they ...
2022 has been a tough market for trend-followers, but swing traders have been able to catch a few rides. Trend-followers are suffering because whipsaws are above average this year. A whipsaw occurs when an uptrend cannot extend after a bullish ...
For weeks already, the rotation of the Industrial sector continues its way deeper into the leading quadrant at a strong RRG-Heading. For my appearance on the panel of The Pitch for this month, I looked at the Relative Rotation Graph ...
Read or listen to any financial media outlet and you’re likely to hear the words “inverted yield curve.” What does that mean and, more importantly, what does it mean for your investments? The shape of the yield curve may not ...
The commodities tried to rally but stalled this week at very important technical locations. For example the DBC weekly chart doesn’t look very good. The SCTR is plummeting after 1.5 years of strength. 1st red candle since October started.Relative strength ...
The former Newcastle United owner Mike Ashley has taken over the Coventry Building Society Arena after buying its three operating companies. The acquisition by Ashley’s Frasers Group of the 32,609-seat stadium has provided Coventry City Football Club with a permanent ...