It might be worth keeping an eye out for Walmart earnings before the US market opens on Thursday. The S&P500 and DJIA US markets indices are trading at all time Highs but the sentiment for the day could well be influenced by Walmart’s earnings report; the company reports before market open.
This article follows up from an earlier article I wrote about Lithium stocks back in May 2018. Since that time there has been a decent pullback with Lithium and Lithium stocks but it might be worth watching to see if this downtrend is coming to an end. There have been bullish-reversal signals on a few […]
The most recent bullish breakout run for Gold started in May 2019. Some commentators are suggesting that we’re only now starting to see a new bullish era for the precious metal but others suggest this rally is well overdone. In this post I review the charts of Gold from a technical perspective and consider bullish […]
The Financials ETF, XLF, is highly liquid and made up of large cap financials from the S&P500 index. The recent volatility is messing up many charts but this one seems to be consolidating in some obvious technical patterns that may help traders identify a new breakout; if and when it might trigger. There are no […]
When I woke to news this morning about the tariff update and impact this had on stocks the image above came to mind. It seems to me that it is not so much natural market forces at play but, rather, strings being pulled by some in what I suspect to be rather calculated moves. The […]