I usually buy the dip on big 'down' days. On Wednesday I did buy the dip -- but only in gold.
Much of the market has been correcting for months, and now the big-cap names are finally catching up to the downside.
The employment report Friday morning turned out to be the catalyst that stopped the recent rotation.
The fund is at a key spot technically, and there is real fear that if this spot cracks, what looks like a stretch of rough rapids could become a waterfall.
The diamond hands that worked for some in GameStop stock and cryptocurrencies likely won't work in corn and soybeans.
Coffee futures are emerging from a large base pattern.
UPS and FDX are both in serious rally mode, yet in very different places in terms of technical development.
Closing the gap between the disparate groups is likely to be a very messy process.
The differences in approach between the two most basic strategies for how to grow an economy are as stark as the division they cause among economists.
We need Apple and Facebook to finish strong to show that there are some willing momentum chasers.
With the economy apparently growing robustly, the Fed has to watch how the president's plans play out in terms of the size and scope of deficit spending.
Can the small-caps build on this action and gain further momentum?
A deep dive into gold, silver and copper.
The stock just moved from OTC listing to the Nasdaq and should start to see some institutional interest.
Canada made the developed world's first moves toward normalizing monetary policy coming out of the pandemic, despite the fact that Canada does not seem to be flattening its own curve.
Always, always, always stick to your rules. Always. This is why we have targets, pivots and panics.
Right now it is institutional buyers steadily purchasing big-cap names that is driving the action.
How Interesting. On Wednesday, market participants rotated out of the un-rotation that had been in vogue for most of April.
I'd rather be late jumping in on a bottom fish than jump in too early.
If you're looking for the meme traders, we found them. They're trading cryptocurrencies ahead of the Coinbase direct listing.
Trends spanning over several months can be thwarted by a trend that spans over years.
I find this action most likely to be less than sustainable, without provoking an algorithmic counter. In other words, don't just be nimble, but tread softly.
Yes, the cost of doing business in the U.S. is going higher. How close are we to becoming an artificially managed economy, which by the way has failed on every attempt made in human history?
The disconnect between the indices and the speculative favorites will be a crucial issue as we move forward.
The main story unfolded along with the passing hours on Monday, and continues. The ending of this tale perhaps remains far from untold.
Ever think you would see the day when all cash was digital so the federal government could place a negative interest rate (tax) on savings? I can see this coming from a mile away.
As a very wise man once said: 'I'll gladly pay you Tuesday for a hamburger today.'
Speculative longs have liquidated most of their holdings, suggesting there could be plenty of pent-up buying if sentiment changes.
COVID numbers stopped improving a while ago, even with ever-improving rates of vaccination. Just what is going on here?
We can still look forward to that always elusive 'follow through' day for the Nasdaq.