There’s been a lot of wild speculation surrounding gold’s bullish run. When you consider a gold investment, you’re likely to think of the more common factors that come into play: inflation, geopolitical uncertainty, and central bank demand. But there’s more ...
The market declined heavily on Friday likely setting up for more downside ahead. We had already begun to notice that mega-cap stocks were beginning to weaken. You can see this on the relative strength line of the SPY versus equal-weight ...
With the market selling off into the close today, it’s too early to write my usual “best five sectors” article. The risk of ranking changes is too high. I will make sure that an update will be posted before the ...
Let me start by reminding everyone that I believe the most important relationship in the stock market is how consumer discretionary stocks (XLY) perform relative to consumer staples stocks (XLP). This ratio (XLY:XLP) has a VERY strong positive correlation with ...
Utilities enter top 5 Last week’s trading, especially the sell-off on Friday, has caused the Utilities sector to enter the top 5 at the cost of Industrials. Based on last Friday’s close, the sector ranking based on the combination of ...
In the later stages of a bull market cycle, we will often observe a proliferation of bearish momentum divergences. As prices continue higher, the momentum underneath the advance begins to wane, representing an exhaustion of buyers. We’ve identified a series ...
The complexion of the market is changing. Aggressive sectors which have led the market higher are now beginning to show signs of strain as momentum slowly dissipates and prices turn lower. However, defensive sectors (XLP, XLRE, XLV and XLU) are ...
The US Consumer Confidence Index® came in much lower than expectations, and the Expectations Index fell to 72.9. A fall below 80 signals a recession ahead, enough to elevate the fear of economic weakness. As a result, the stock market ...
It’s not clear exactly how many immigrants are living in the United States without authorization, for a number of reasons. The most obvious is that some people cross the border from Mexico and evade capture. It is definitionally hard to ...
John F. Kelly, former president Donald Trump’s longest-serving White House chief of staff, said in a new interview that his former boss met the definition of a fascist, would govern like a dictator if elected again, had no empathy and ...
A suspected drunk driver going the wrong way on a highway in Milwaukee came close to Vice President Kamala Harris’s motorcade on Monday night, officials said. A video obtained by WISN 12 News showed a white SUV traveling westbound in ...
Vice President Kamala Harris on Wednesday offered brief public remarks addressing comments made this week by former White House chief of staff John Kelly, who served in that position under Donald Trump. “This is a window into who Donald Trump ...