I Blame the Dollar
The US dollar has made a 20-day high as it passes above the blue max line. Price is above both moving averages, which are positively sloping....
652 Views
U.S. Dollar Topping?; Bullish Reversals Continue; Ideas in Growth/Cyclicals, Financials
This is now the third week in a row where we are discussing an increasing number of country indexes with bullish 3.5-9-month downtrend reversals,...
480 Views
S&P 500, Nasdaq 100 Testing Key Resistance Levels; Pause Likely; Buying Biotech
$SPX is testing important resistance in the 4165-4180 area, the same resistance level we were monitoring in early June before the market tumbled 13...
325 Views
S&P 500 Reverses 4-Month Downtrend; Upgrading Consumer Discretionary to Market Weight
We continue to see more evidence suggesting the lows are in; as a result, we are upgrading our outlook to neutral. 4-month downtrend reversal for...
312 Views
Downgrading Utilities & Staples to Market Weight; Buy Ideas in Health Care & Trucking
Positive developments are popping up, such as bullish reversals of 4-5-month downtrends for Financials $XLF and Broker-Dealers/Exchanges $IAI ....
348 Views