ARTICLE SYNOPSIS...Now that the broad US markets have made a convincing upward reversal, traders need to focus on the strongest-performing groups and sectors.
ARTICLE SYNOPSIS...Fueled by the Home Builders, the S&P MidCap ETF is leading the market higher, but a broadening formation and waning momentum suggest caution.
ARTICLE SYNOPSIS...Last week I discussed the Dow and its cycle, the week before, the S&P 100 index and its cycle. This week I am looking at the Nasdaq index, its cycle and other technical tools.
ARTICLE SYNOPSIS...Platinum futures have broken out of a consolidation pattern while their more illustrious cousins gold and silver continue to consolidate. Breakouts of stocks and commodities in the same sector should be taken as a hint that similar breakouts will occur