Right now you have a lot of people chasing the market and if you were trading with a reasonable position you could probably be forgiven for doing the same. The…

We are currently living around a 200-day EMA, which of course attracts attention. The SandP 500 had a wild day of trading on Thursday as CPI came in as expected.…

Jobs could be a catalyst, but now I think it’s much clearer that the US dollar is still needed and wanted, and the recent pullback in the dollar could present…

Remember that there is a severe lack of liquidity at the end of the year and gold can be somewhat volatile. The gold market is in a fairly strong downtrend…

At this point I have to question whether we have enough momentum to continue the climb. I think we do that up to a point, but eventually new problems arise.…

The market is pumped with so much liquidity that it has a few generations of traders who have never had to deal with the environment we are in. , The…

For three days in a row, Morphosys stock tried to break out of its adjacent 20-day and 50-day moving averages — to no avail. The day’s highs were between 20.2…

While investors reacted surprisingly negatively to BioNTech’s quarterly numbers and 2022 growth forecast in the US stock market yesterday, the tide turned during the day. Shares of BioNTech rose from…

After all, this is a market that continues to decline, especially at the 50-day EMA above. The gold market initially tried to move higher during Thursday’s trading, but has bounced…

Western Texas Intermediate (WTI) ended the week with a loss of 0.55%. Chinese demand and a soft US dollar supported oil prices. , WTI buyers that fail to break above…