Sunday, May 5, 2024
Market Keeps Levitating amid Nirvana Conditions

Market Keeps Levitating amid Nirvana Conditions

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Stocks keep levitating to new highs for the year, riding a wave of Nirvana-like conditions. The S&P 500 2.9 rose percent between Friday, March 8, and Friday, March 15. Not only was it the biggest...

Futures Expert Sees Breakout Potential For Gold At Key Level

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Gold may be able to extend its rally if it breaks through a key level now being tested. That was the verdict from John Hoagland at TopstepTrader. Gold futures (@GC) have spent six days at...
Stocks Keep Climbing as Market Enters a Huge Week for Events

Stocks Keep Climbing as Market Enters a Huge Week for Events

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Stocks keep climbing amid bullish news as we enter a super-busy week of events. The S&P 500 rose 1.2 percent between Friday, April 19, and Friday, April 26. The index also closed at a new...
Another 'Golden Cross' Is Coming This Week

Another ‘Golden Cross’ May Be Coming Soon

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April began with a "golden cross" in the S&P 500. Early May could see a similar pattern in the Russell 2000. In case you don't know, a golden cross is when a chart's 50-day moving...
Energy ETF Resumes its Losing Ways as Bears Return to Weakest Sector

Energy ETF Resumes its Losing Ways as Bears Return to Weakest Sector

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The bears may be coming back to energy stocks as oil falters. The SPDR Energy ETF (XLE) fell 2 percent yesterday to its lowest close since March 8. It's also the worst-performing major sector fund...

Monex Crypto Market Weekly: May 17

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This post is a translation of the weekly cryptocurrency analysis by Crypto Lab, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) continued its upward trend,...

Podcast: Trump’s Trade War and the U.S. Dollar

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The U.S. dollar is inching higher in a right range as President Trump’s trade war hurts the global economy. This podcast will discuss what it could mean for markets.
Trade War Fallout? Boring Stocks Are Making New Highs

Trade War Fallout? ‘Boring’ Stocks Are Making New Highs

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President Trump's trade war with China has tech investors running for cover as some "boring" stocks keep climbing. Insurers, food companies and utilities aren't glamorous, but several names in each group hit new 52-week highs...

Monex Crypto Market Weekly: May 24

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This post is a translation of the weekly cryptocurrency analysis by Crypto Lab, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) moved sharply since the...
Materials ETF Has Best Week in 7 Years as Fed Goes Dovish

Materials ETF Has Best Week in 7 Years as Fed Goes Dovish

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Stocks like chemical makers and gold miners have struggled for much of the year, but now they're ripping amid hopes of Federal Reserve rate cuts. The SPDR Materials ETF (XLB) is up almost 8 percent...
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