The stock market was pretty much in correction from August till the end of October. However, November has erased all the losses pretty much retracing 100% back. This rally was quite quick and thus, we shall expect a short-term pullback before going up again. The price hit its current resistance level around 4600 and now…
Energy Sector is currently experiencing a symmetrical triangle pattern. This sector is the best performing one for many months, so it’s worth to check the pattern. Looking at below picture, the price is completing a triangle pattern a sooner or later it pierces through one or the other blue line. When the price goes up,…
There is a lot of news about inflation, FED’s rate hike or war, which surely have an impact current stock market. However, before going to the details and complex elaborations, here is simple view for an ordinary investor to decide whether to start buying shares again or no. Without analyzing these topics, this chart is…
Yes, today we are having the election of the president in the United States of America! Whoever wins, the stock market is playing its own game anyway. Therefore, let’s have a look at current setup and then see how it revolves. When looking at a daily chart of S&P500, the price is trying to claim…
The US stock market has been experiencing a correction since its peak at the beginning of September. Thus, it is always a great idea to take an advantage of lower prices and enter the pool of buyers. However, how can you know when is right time? People are all about finding the bottoms to maximize…
Gold is in a bull market, no doubt about that. It is experiencing its Level 2 of the market cycle. To know more about gold, see my yesterday’s article which is a view on the price of gold in both the short and long term. This post is focused specifically on three stock picks of…
After a stock market crash in March, the investors are now afraid of everything. While bulls are hoping for V-type of recovery rationalizing the power of quantitative easing, the bears are explaining the future price curve with disappointing upcoming statistics. I am going to focus on what is certain and what is doing better than…
2019 was a very ugly year for cannabis investors, no wonder, the stocks were only going down, while the overall market was going up. Is this going to change now or is the cannabis investing doomed? Last year was a game-changer in many stock portfolios. Investors started to be more cautious, they have lowered their…
1. GOLD – OIL Relationship There is a known relationship between two strongly watched commodities – Gold and Oil. The theory behind suggests that rise in oil price partly accounts for rise in inflation. Higher oil prices lift a cost of transportation which results in higher prices of goods. Fact is that this part is…
Marijuana stocks are breaking out – See what to watch to get it right! The entire stock market has experienced a massive correction this winter. The marijuana stocks as well as the other stocks across various industries have taken perhaps a downhill direction bringing a lot of confusion into a financial system. The inflation and…