For GLD to Rally This Must Happen (Video Market Update)
To many investors the weak price action (i.e lower in price) of gold and the GLD etf this year is a mystery. GLD should act well during times of inflation and economic weakness, right? Well, yes…sort of…unless you have an uber-strong US Dollar.
Updated S&P 500 Downside Target (Video Market Update)
The rapid rise of the USD and interest rates is now in the process of breaking things. We are updating our downside target for the S&P 500.
DXY Overbought – Tactical Trade Setup (Video Market Update)
After a historic rally extension over the past few days, the dollar index as represented by the DXY ticker is reaching immediate term overbought readings. This is setting up a tactical trading opportunity.
INTC Extreme Oversold Conditions (Video Market Update)
Intel Corp (INTC) has been one of the worst performing stocks in the large cap universe in 2022. The stock is now however nearing extreme oversold conditions where a bounce is becoming increasingly likely.
Why AAPL and MSFT Should Fall Further (Video Market Update)
As selling pressure in the equity markets looks set to increase, shares of AAPL and MSFT look increasingly vulnerable. Market risk is high.
Downside Target for DBX (Video Market Update)
Plenty of tech stocks are still in serious bear market trends. Dropbox (DBX) for example is at a make or break point right now.
Bonds Are Record Oversold (Video Market Update)
After the largest bear market in history for Treasury bonds, we are seeing record oversold conditions. Please see this chart for perspective.
MSFT Updated Downside Price Target (Video Market Update)
MSFT stock is among the most widely held equities in people’s portfolios. Given that many individual investors have not sold much of their stock positions this year, i.e. they are still holding on, we see a stock like MSFT very vulnerable for another leg lower.
LUV Downside Target (Video Market Update)
Shares of Southwest Airlines (LUV) have been in a well defined bear market for many months and just broke another important support level. We see the stock lower still from here.
A Few More Weeks Of Selling Pressure (at least) (Video Market Update)
The bear market remains in tact and we see at least a few more weeks of notable selling pressure for risk assets.