The 4-month rally has been broad-based, with other risk-on assets like crude oil rallying in stride. This isn’t a surprise, as crude oil will often perform in line when the economy is on track. Currently, the correlation between stocks and crude oil remains up. But if crude doesn’t get its act together, it may become a headwind for stocks. See the chart below for more.
Here is the entire article: … … HERE
eResearch is pleased to provide a technical opinion on the market from Chris Kimble of Kimble Charting Solutions. [more]
eResearch is pleased to provide a technical opinion on the market from Chris Kimble of Kimble Charting Solutions.
Today’s article looks at the DJIA. [more]
eResearch is pleased to provide an insightful article authored by Scott Grannis for his Blog, Calafia Beach Pundit. Today’s article uses three charts to show that U.S. consumer confidence is very high. [more]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes