Even though it looks like gravity is in full effect on the markets there is one area that is seeing growth. When this happens we start to wonder if it is just an anomaly or is it a leading sector that is foreshadowing what will happen next. Keith Harwood jumped on a...
The Feds are spooking the market as they try to walk the tightrope they need to make the illusive soft landing they are shooting for. The reaction is crystal clear and shows that traders are expecting thing to get wild. The VIX, the CBOE's indicator that shows...
DIS is battling its most vicious villain, but it isn't an evil witch, its the 50 day moving average. But Disney stories always have happy endings, right? 2023 has been a wild year for DIS. All of drama with Florida and then pitfalls with streaming services. It has all...
Oil prices continue to climb and aren't showing signs of letting up. This rise opens up a couple opportunities to keep on the radar. ETFs like OIH or USO are considerations. This allows you to get the diversity of a bunch of oil assets in just one trade. There is also...
Marijuana related stocks have been on a tear lately. After the HHA recommended the reclassification of pot's level as a controlled substance. That lit a fuse that has seen weed stocks take off like a rocket. MJ, a pot related ETF has nearly doubled in just couple...
In a perfect world an indicator would perform consistently in every market and for every stock or ETF. The markets aren't perfect. Knowing how to recognize that a stock or ETF doesn't cooperate with your indicator can be as important as knowing which ones do. Our...
Humans are a funny species. We seem to be drawn to the dramatic. But the few who have been able to overcome this evolutionary tendency may be the ones to survive. And they may have nailed this whole getting money to pay you idea. For the record, I am a student of this...
A month ago, Apple gapped down and couldn't climb back up. Yesterday, it repeated that move to an even lower level than at the beginning of August. Take a look at these two charts and see if you can tell which is APPL. There are a couple giveaways but APPL is the top...
We were worried we sounded like a broken record the other day when we spotted a bullish MACD crossover in DXCM. We have spotted great moves with that indicator over and over. Now I am starting to think an analogy of an ATM is better than a skipping song. Take a look...
While it looked like tech might break from the other two big indexes yesterday ultimately it couldn't find its footing. But there are a few signs that are signaling a much bigger slide. Keith Harwood took us on a quick tour of the markets to help us get beneath the...