Now that earnings season has begun, what can you expect the stock market to do, especially after its stellar Q1 run? Well, after a few months singing the monotone "up, up, up" tune, the stock market has mixed things up a little. Now you hear
Trends often start with outsized moves. But how do we measure and identify such moves? Chartists can measure moves in Average True Range (ATR) terms using the ATR Trailing Stop SAR indicator (ATR-SAR). ATR is a volatility indicator developed by Welles Wilder. For example, a
The strange thing about gold is that it's always a relic
Coat of Arms of the Vatican in a stained glass at Saint-Pierre de Miniac-Morvan. CC-BY-SA-4.0. 2017. A recent poll by the US Chamber of Commerce found that “91 percent of small businesses believe that they should give back to their local communities.” Just what they have
Icarus Bitcoin mining rig. Xiangfu, CC-BY-SA-4.0. 2012. The Biden administration has launched yet another attack against the cryptocurrency industry–an environmental impact “survey” to bolster a politically motivated attack on the crypto mining industry. Specifically, the US Energy Information Administration (EIA — a statistical agency within the US Department
A Sector Rotation SummaryA quick assessment of current sector rotation on the weekly Relative Rotation Graph: XLB: Still on a strong trajectory inside the improving quadrant and heading for leading. The upward break of overhead resistance on the price chart seems to be stalling at
Sometimes, it helps to look at a stock like NVDA to get a pulse of the market.NVDA's stock price is up over 85% in 2024. It's a leader in the AI ecosystem and the most talked-about stock. So what does the future hold for NVDA
On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use the RSI along with the MACD and ADX indicators. RSI is used as a timing tool when things are lined up. Joe goes through some of the key elements he
While the world of finance believes risk is measured by volatility (standard deviation), it is my belief that loss of capital is risk, and not volatility.In Figure 11.1, example A ends where it begins with zero gain or loss, yet modern finance says it is risky
S&P 500 earnings are in for 2023 Q4, and here is our valuation analysis.The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red