We will be watching our position in Germany (EWG) closely over the next few days. The chart below shows the German DAX’s performance relative to the S&P 500. Note when RSI (top) reaches... read more »

With US Equity Indexes challenging and breaking to new recovery highs, it can be helpful to take a moment to raise your perspective to the monthly chart frame. Let’s take a quick look at the... read more »

Gold’s rally looks like it may be ready to take a breather, which may coincide with a period of “risk off” beginning relatively soon. Note price action after the orange arrows.  read more »

The market was down a little and no one seemed to care.  Volume was extremely light, and the range was the lowest in months.  This kind of indifference can sometimes mean that bulls are... read more »

Charts give us the opportunity to wait for confirmation or enter ahead of time – to anticipate.  And while the latter may give us more of a feeling of being right, it’s not an easy way to trade.... read more »

While many of my readers are saying "nuts" to me, I am saying the market is nuts again. Back in the good old tech bubble days, when I was putting out support and resistance levels on the... read more »

A market variable that I rarely see discussed and almost never utilized is Buying Power. And while it has become easily measurable and quantifiable over the last several years, I have found very... read more »

We had an employment number…and as we have been saying on this show…”The Fake Employment Number.” The market acted well off the employment number today. Excellent. We want to see that.... read more »

Employment days have an interesting history and they have contributed to some worthwhile studies over the years. Below is a chart of SPY performance on Employment Days. For this equity... read more »

This morning’s better than expected Jobs Report sent US Equity Indexes into or above key target areas that – if the momentum continues as it appears currently – will break price into New... read more »