Who Cares about Surging Rates When There Is a Royal Merger?

Despite the headwinds of higher oil prices, surging interest rates (chart above is 1-3-year bond prices SHY) and higher industrial metals, US equity markets digested strong gains from the prior week ending down less -.5%.  The exception was the Russell 2000 (IWM) that was up 1.2% closing at new record highs on Friday on big weekly volume.

Several Sectors Turn Upside Down. Who is Next?

Last week stocks tried to move into a bullish phase by moving over the 50-day moving average, but ran into some head winds with rising rates, and a couple of sectors that turned upside down.

Since the February lows, the 50-day moving average in the SPY and QQQ has proven to be an area from which these markets have either rallied nicely, or fallen painfully. This time will likely be no different.

This Bond ETF Can Alert You To A Big Move in Stocks

In my last Trades & Tutorials post I showed you how powerful the 30-minute Opening Range (O.R.) is at enabling you to determine the trend of the market on any given day, and that…

Its effectiveness and profit potential increases exponentially when the market’s volatility increases (like now).

It gets better…

The Best Indicator In Volatile Markets

When markets get volatile and 'unpredictable', a basic understanding of the opening range will keep you on the right side of the biggest moves.
Here's a quick review of how to use it to keep you on the right side of the general market direction.

Weekly Market Commentary: Newton is Back

Global equities finally got slapped this week, with the US markets down almost – 4%. The Dow Industrials were down a devilish 666 points on Friday, making for its worst performance in two years. Greece and Mexico fell the least amount, down only -2%.

Newton’s laws of physics seem to be exerting themselves once again.  For some, that might be comforting to know, as we might have finally come out of an unexplainable Green Hole (the net effect is that stocks go up endlessly creating unlimited wealth).  A Green hole is a close relative of a Blackhole where Newtonian physics just don’t apply.

Weekly Technical Analysis: Lets Make a Deal

Ok, I might be dating myself, but what is happening in Washington reminds me of “Let’s Make a Deal,” one of the longest running TV game shows.

This week’s market action was dominated by two big deals.

First, the Senate deal on Taxes (including several special side deals) and secondly, Flynn’s guilty plea deal with Mueller.

The markets mostly loved it. The Dow was up +2.96% for the week, led by value stocks.