Summer Malaise Saps The Dow Jones Industrial Average

Technical analyst Dave Chojnacki of Street One Financial wraps up the trading week with an update on the important technical levels for the major U.S. averages, as the summer doldrums appear to be sapping all the volume out of the markets. Economic numbers on Thursday met expectations with no big surprises. The […]

Betting Against Bonds Might Finally Work Later This Year (TBT)

Since last week’s FOMC decision to raise target interest rates again, we have seen bond prices rally (yields fall), pulling bond ETFs such as TLT (iShares 20+ Year Treasury Bond, Expense Ratio 0.15%) with them. TLT in fact traded at its highest levels yesterday since Trump’s election last November, but […]

More Record Highs Now A Regular Thing For Dow Jones Industrial Average

Market technician Dave Chojnacki of Street One Financial recaps Monday’s market action and looks ahead to Tuesday, as the Dow continues to be the strongest major new index, recently closing right at its highs of the day. Equities gapped up at the open to start the day and the week. […]

Where Is The Dow Jones Industrial Average Headed Next?

Market technician Dave Chojnacki of Street One Financial kicks off the new trading week with an update of the important technical levels to focus on for the major U.S. averages, which continue to be in flux amid a weakening tech sector. Amazon-Whole Foods Merger Fails To Inspire Buyers Some disappointing […]

Are Bonds Set To Outperform Stocks For The Rest Of 2017?

From Chris Kimble: When it come to performance so far this year, would one be better off owning the S&P 500 or Long-Term Zero coupon bonds? Below compares the S&P 500 to Pimco’s Zero Coupon Bond ETF (ZROZ). So far this year, both have done well and pretty much have […]

Hope for the Best, But Prepare For The Worst With Gold (GLD)

Last week investors shrugged off even more drama coming out of Washington. Stocks continued to rally and hit record highs, even as former FBI director James Comey testified that, in his opinion, President Donald Trump fired him in an attempt to lift the “cloud” of the Russia investigation. If true, […]

Chinese Demand Helps Spur Renewed Gold Rally (GLD)

From Mark O’Byrne: Gold prices have broken out above the six year long downtrend (see charts) due to a 50% surge in Chinese demand and increasing safe haven demand internationally. Goldchartsrus.comGold is now 12.5% higher year to date in dollar terms and technical analysts say that the breakout is important […]

Emerging Markets (EEM) On The Verge Of A Multi-Year Breakout

From Chris Kimble: Believe it or not, since 2007, emerging markets have underperformed the broad market by nearly 80%. Below compares the performance of the S&P 500 to Emerging markets ETF EEM, since the highs back in 2007. Could this lagging performance be coming to an end? For this lagging […]

Bitcoin May Have The Most Incredible Price Chart In History

From Taki Tsaklanos: It is happening in front of our eyes, right here right now. The most amazing chart in history of markets is developing. It is not gold, it is not China’s stock market, nor is it the crash of the Pound Sterling.It is the chart of virtual money, […]

Manchester Terror Attack Fails To Affect Dow Jones Industrial Average (DJIA)

Conventional wisdom would dictate that a major global terrorist attack would have some sort of negative short-term effect on stocks, but that simply isn’t the case anymore. Market technician Dave Chojnacki of Street One Financial recaps Tuesday’s market action and updates the key technical levels to watch for the major U.S. […]

SPDR Gold Trust ETF (GLD) Faces A Make Or Break Moment

From Taki Tsaklanos: It is getting very exciting in the gold market. After a false breakout in April, followed by a false breakdown in May, gold will be forced to choose a new trend, no later than in June of 2017. InvestingHaven’s research team believes so because of the chart […]

Dow Transports ETF Is Today’s Biggest Dollar Loser

The iShares Dow Jones Transportation Average Index Fund (IYT) underperformed all other non-leveraged, non-inverse exchange traded products in the U.S. today on a dollar basis, producing a -1.41% one-day return and trailing the wider markets by a total of 1.4 percentage points. Behind The Losses IYT closed today at $165.40 […]

Biotech ETF Surges On Positive Trump Comments

The iShares Nasdaq Biotechnology Index Fund (IBB) outperformed all other non-leveraged, non-inverse exchange traded products in the U.S. today on a dollar basis, producing a +2.84% one-day return and outperforming the wider markets by a total of 2.85 percentage points. Behind The Gains IBB closed today at $278.07 per share, […]

This PIMCO Bond Fund, Down 3.2%, Was Today’s Worst Performing ETF

The PIMCO Global Advantage Inflation-Linked Bond Exchange-Traded Fund (ILB) underperformed all other non-leveraged, non-inverse exchange traded products in the U.S. today on a percentage basis, producing a -3.18% one-day return and trailing the wider markets by a total of 3.17 percentage points. Behind The Gains ILB closed today at $40.80 […]

BioShares Biotech Clinical Trials Fund, Up 5%, Is Today’s Top Performing ETF

The BioShares Biotechnology Clinical Trials Fund (BBC) outperformed all other non-leveraged, non-inverse exchange traded products in the U.S. today on a percentage basis, producing a +5.03% one-day return and outperforming the wider markets by a total of 5.04 percentage points. Behind The Gains BBC closed today at $19.84 per share, […]

Apple’s Sales Growth Back On Track As Q1 Results Top Expectations

Apple Inc. (NASDAQ:AAPL) late Tuesday posted better than expected fiscal first quarter earnings results, as iPhone sales also topped expectations and the company ended its quarterly sales decline streak. Its outlook for the second quarter was weaker than expected, but strong iPhone sales and a return to sales growth sent […]

Copper Prices Surge To Nine-Week Highs As Dollar Sinks

Copper prices continued to rise on Tuesday, as the markets continue to expect a major Trump-led infrastructure plan to be pushed through and thus spur demand for industrial metals. A sluggish U.S. dollar also helped copper. As the value of the dollar drops, the corresponding values of hard assets like […]

Silver Prices Hit 10-Week Highs, Now Up 10% This Year

Silver prices hit a 10-week high today, amid a broad precious metals rally in the face of ongoing political and stock market turmoil around the globe. The gray metal is now clearly taking the lead from its counterpart, gold, which has seen three straight days of gains itself now. The […]

Gold Extends Gains To Three Straight Days Amid Trump Turmoil

Gold rallied for a third consecutive session on Tuesday, driven higher by a global stock market pullback and worries about how President Trump’s controversial policies could reverberate around the world. The safehaven yellow metal gained $19.10 (+1.60%) in Tuesday afternoon trading, to $1,215.10 per ounce. With growing uncertainties surrounding the […]

Retail ETFs: Buy Low Opportunity or Avoid?

There’s a lot going on in the retail sector right now and a lot of it isn’t good. While the S&P 500 sits only about 1% off its highs, the SPDR S&P Retail ETF (XRT) is more than 12% off its 52 week highs. Retailers are continuing to deliver disappointing […]