Russell 2000 stuck between breadth thrust and death cross
Hitching a portfolio to small cap stocks has been a sure ticket for a rollercoaster ride. We won’t even talk about the last two years...
Category : ETF Talk
S&P 500 Update – Trading Range Breaks
Sunday’s (September 29) Profit Radar Report concluded that: “If 2,938 breaks, the S&P 500 may quickly drop to 2,890 and potentially 2,820.” On Tuesday the...
Crowd Psychology: Bears Needed to Get Burned
The Profit Radar Report monitors dozens of indicators to compile a broad-based and educated forecast. All those indicators fall into one of the following four...
Can the S&P 500 Suffer Another ‘Air Pocket Decline?’
The last S&P 500 update highlighted the bearish implications of trend line resistance and the ominous VIX wedge. I reiterated the importance of this trend line...
Legit or Counterfeit? Stock Market ‘Moment of Truth’ is Here
Is this rally legit or counterfeit? The ‘moment of truth’ is here, and we should soon find out. How so? I published the below S&P...
5 ‘Keep it Simple’ Stock Charts and 1 Bearish Constellation
The rally from the June 3 low has created many bullish price and breadth patterns and studies (5 of them are discussed here). The market...
Gold Update
Gold has been on fire! Up almost 10% over the past month. I would be more thrilled about gold’s run if it hit my down...
S&P 500 – Are New Highs Sustainable?
The June 2 Profit Radar Report featured the chart below and stated that: “S&P 500 Futures are down some 15 points in Sunday night’s session...
S&P 500 Update – Big Fake or Little Fake?
As mentioned in the last S&P 500 update we were looking for stocks to continue lower into the next target/inflection zone, which was around 2,740...
S&P 500 – The Ideal Path
The S&P 500 has been following the yellow projection published in the May 13 Profit Radar Report. The original projection along with updated price is...