Text size Michael Nagle/Bloomberg The major U.S. stock market indexes have lost roughly 12% to 25% this year, a painful setback after two years of gains. Time to buy? Not so fast, based on a technical analysis of current market conditions. Andrew Addison, a veteran market technician, proprietor of theContinue Reading
Whatever The Reason, Oil Is Moving Higher If you are watching the news and wondering where the price of Oil (NYSEARCA: USO) is heading we think it is going higher. Much higher. We can sit here and debate the causes of the rise in prices but the fact remains thatContinue Reading
The charts say stocks could have much further to fall as investors price in the three-headed monster that is elevated inflation, rising interest rates from the Federal Reserve and a potential Ukraine-Russia war. “Every facet of my work continues to suggest that this is a chart book consistent with aContinue Reading
(Bloomberg) — Tesla Inc. eked out a little attain following slumping 14% in the preceding 6 investing classes and slipping briefly into oversold territory. Last week’s 12% fall was the worst since February and, alongside one another with Monday’s 2.2% drop, introduced shares down extra than a person-3rd from theirContinue Reading