Monday, September 16, 2024

Massive Rotation Underway as Optimism Spreads

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Some people may confuse energy and utility stocks, but they're not likely to make that mistake right now. Energy's up 4.5% in the last week, compared with a 4.8% drop for utilities over the same...

‘Dow Theory’ Potentially at Play in 2018

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"Keep an eye on the transports." It's one of the oldest adages of market watchers. The theory is the railroads, truckers and airlines are forward-looking indicators on the economy and broader market. Increased shipments and travel...

Are Metals Quietly Breaking Out?

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Most attention this week is focused on hopes of pro-business tax reform in Washington ...meanwhile investors seem to be shifting money into an industry outside the current spotlight: Metals. The SPDR S&P Metals & Mining Fund...

Elliot Wave Still Flowing Higher: A Pro’s Insight

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Bullish, bullish, bullish. That was the message from a widely followed market pro this morning. "We do have higher highs coming," Bennett McDowell of TradersCoach.com said on today's Morning Market Briefing. "At this time we're...
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