The S&P 500 scored new all-time highs, but none of the major Dow Jones Averages (DJI, DJT and DJU) confirmed this move. There’s also another reason why it may not be a smart move to chase the S&P 500 break out.... >> READ MORE...

I became a self-proclaimed gold bull in early November, but a number of developments have put the fledgling gold bull market in jeopardy. Smart money traders and gold seasonality suggest more down side risk.... >> READ MORE...

Seasonality is not the only force to drive stocks, but it’s one of the indicators I follow. The S&P 500 seasonality chart (based on 64 years of history) shows four notable weak spots, one of them is in February.... >> READ MORE...

I was wrong! I expected the S&P 500 to rally from 1,990 to 2,080 and roll over to new lows. The rally happened, the subsequent reversal did not (at least not yet). Will the S&P 500 roll over later? Here’s an updated S&P 500 forecast.... >> READ MORE...

Exchange Traded Products (ETPs) come in a variety of flavors. There are five different ETP structures and more than 30 different tax treatment combinations. Here’s ONE chart that makes sense of ALL the different tax treatments.... >> READ MORE...

A bull flag is described as a consolidation period that interrupts a sharp, almost vertical rally. QQQ had a sharp rally from the October low and a pro-longed consolidation period thereafter. The classic bull flag breakout target projects a 10% rally.... >> READ MORE...

The SPDR S&P MidCap ETF just soared to new all-time highs. The S&P 500 is still stuck within its trading range. Will the S&P 500 follow the lead of mid-cap stocks or did mid-caps just flash a false signal?... >> READ MORE...

Crude oil prices tumbled 60% since last June, but oil rallied 5% or more each of the last three days and closed 20% above last week’s low. Is this the end of a spectacular oil bear market?... >> READ MORE...

Snap! That’s the sound of investors stepping into the two most recent, ingeniously set S&P 500 booby traps. Buy high, sell low. Here’s a short-term outlook for the S&P 500 along with the next likely booby trap.... >> READ MORE...

Gold has been full of surprises as the humorous chart shows. Since the European Central Bank (ECB) announced QE, gold sold off (although its allegedly the number one inflation hedge). Is gold rolling over again?... >> READ MORE...