Hey, Ross here: Welcome to the first full trading week of December. It’s been a crazy year – so let’s take a quick look back at what’s happened so far. Chart of the Day The S&P 500 just saw its second-best November performance since 1980. The index posted a gain of 8.92% for the month. […]
Hey, Ross here: It’s the first day of December, and the markets have had a fantastic month. The S&P 500 is now only 5% away from its all-time high. So let’s end the week – and start the day strong – with an actionable trade idea. Chart of the Day Crypto and digital payment companies […]
Hey, Ross here: The market is still “stuck” – though we’re just a hair’s breadth away from the July highs. So in the meantime, let’s look at an actionable trade idea to start the day. Chart of the Day Trex Company Inc (TREX) looks buyable here as it breaks through the pivot at $69. TREX […]
Hey, Ross here: The market pulled back slightly yesterday – right after coming off its fourth straight positive week. But I’m not worried at all – because this was 100% expected. Chart of the Day When it comes to the major indexes, specifically the S&P 500, big levels of support and resistance are rarely blown […]
Hey, Ross here: Hope you had a fantastic Thanksgiving weekend. The markets didn’t disappoint, with the major indexes closing last week higher – marking a four-week winning streak. As I’ve been saying again and again for the past four weeks – now is the time to buy. So let’s start off the week with an […]
Hey, Ross here: Welcome back. Hope you’ve pleasantly gorged yourself on turkey (with all the fixings) yesterday. And of course, spend quality time with your loved ones. Today is a shortened trading day, with the stock market closing at 1 p.m. Eastern instead. But I just wanted to quickly share a chart that once again […]
Hey, Ross here: The rally took a quick pause yesterday – something I said you should expect to happen. So don’t be alarmed. Today’s chart shows how one of the biggest predictors of stock prices – the 10-year Treasury yield – is signaling bullish times ahead. Chart of the Day This is the chart for […]
Hey, Ross here: The rally continues. And while the speed of the rally has been relatively muted – beneath the surface, the foundation for a sustained upward move is building. Chart of the Day For the rally to lead to a new bull market, we need breadth – aka greater market participation. It can’t just […]
Hey, Ross here: Welcome to a new trading week. Last week was another good one for the markets – which have been moving almost exactly like I said it would. It feels good to be right. Chart of the Day The markets are playing out as expected. But while the above chart is focused on […]
Hey, Ross here: This rally is following a classic stop-start pattern – and that can unnerve some people. So, let’s look at a chart which shows what we can expect till the end of the year based on historical precedent. Chart of the Day Chart courtesy of @RyanDetrick This is a chart showing the cumulative […]
Hey, Ross here: As the rally continues, let’s look at a chart that shows why small-cap stocks could be about to break out strongly… What needs to happen first – and why this matters for you. Chart of the Day This is the small-cap Russell 2000 index. Two head-and-shoulder patterns to notice here. The first […]
Hey, Ross here: With inflation coming in below expectations, the market is making a BIG move up… And as the Chart of the Day shows, it has fantastic implications for us. Chart of the Day Yesterday’s big upward move in the S&P 500 catapulted the index over the downward trendline of progressively lower highs – […]
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