We are currently in a strong seasonal period leading into January. Combined with the anticipated Santa Claus rally, we should see market strength continue into the new year. This market euphoria is evident with the VIX Volatility Index dropping below 14, indicating a high level of investor complacency. However, as we move into January, we […]
November 2024 brought a whirlwind of market activity following the Trump election, with standout performances setting the tone for what could be the next big trading themes. Here’s a condensed look back—and some thoughts moving forward. Market Highlights Post-Election Explosive Gains: Ethereum (+49%), Bitcoin (+42%), natural gas (+26%), cloud storage (SKYY) (+17%), broker-dealers (IAI) (+16%), […]
The S&P 500 soars: The stock market skyrocketed with Trump’s victory and the Republicans securing the Senate and poised to claim the House. Bitcoin soars to new high: Bitcoin surged past $75,000, driven by Trump’s pledge to establish the US as a leading crypto hub. This rally reflects heightened investor optimism around a potential crypto-friendly […]
The S&P 500 drop: Key points on the chart are the breaking of the ‘rising wedge’ pattern (red & green dashed lines), and the testing of the 50-DMA (blue line). The 100-DMA (red wavy line) at 5592 would be the next key technical support level. Volatility Risk: The past 12 months have delivered some of […]
October 25, 2024: The S&P 500 dip: The first weekly decline after six gains suggests a potential bounce next week, though election volatility could bring market jitters, especially if results are delayed. US Election Countdown: With just 10 days until the election, markets leaning toward a Trump victory due to his pro-deregulation stance, seen as […]
Why Retail Investors Should Pay Attention to the Bond Market Many retail investors overlook the bond market, dismissing it as too complex or less exciting than stocks. However, bonds hold the key to understanding broader economic trends, especially interest rate movements. Ignoring them means missing out on critical insights that could enhance your investment decisions […]
October 18, 2024 Key Market Highlights This Week: Gold reaches a new all-time high despite rising interest rates and a stronger U.S. dollar, driven by surging national debt. The S&P 500 breaks through to a new record high, signaling strong market momentum. Uranium stocks ratchet higher, fueled by increasing demand for energy, especially from AI […]
Martin did his monthly interview with Jim Goddard on the This Week in Money show. Topics discussed were: Stock market trends Gold coming into seasonal strength Have geopolitical events been priced into oil? Why has the $US been rising, especially given the Fed just made a deep rate cut? The Fed says its not worried […]
This is an important chart! The S&P chart reveals two critical outside reversal weeks down from the 5,700 level—the first ending July 19th and the second just last week, on September 6th. These consecutive reversals in such a short time frame have created a powerful double top resistance. After the July 19th reversal, we saw […]
In last week’s interview on This Week in Money with Jim Goddard, we explored the likelihood of the Fed beginning to cut rates at their September 18/24 meeting and debated how aggressively they would cut. The current rate is 5.50% and according to Fed fund futures, by the end of 2024, the rate will be […]