As expected Dow and the other indexes continue to be run by the bulls. Oil and Gold on the other hand have some sell off. This usually happens when the Dow Jones and other main indexes are rising. The rising USD is also causing some problems for commodities as well. With the month of October and November usually being very good for USD we can expect it to benefit the markets that are correlated to it while causing problems with markets that are inverse to it.
Let's take a look at the charts below and see what they are telling us.
May 05, 22 10:24 AM
What is the market doing and what is it likely to do?
Apr 27, 22 09:01 AM
As we enter April, will we continue to move higher or will there be a correction coming?
Apr 13, 22 11:46 PM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.
Apr 12, 22 09:38 AM
Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off
Apr 12, 22 09:34 AM
Here are a list of stocks that have broke out or about to break out. Breakout stocks can often give us a good reward to risk ratio.