Last week I wrote a market update that speculated on whether Russell 2000 ETF (NYSEARCA: IWM) had put in a technical pattern called triple tops, or if it will clear the highs of 2021, 2024 and now 2025 and keep screaming higher.A triple top pattern is a bearish technical analysis chart pattern that signals a potential reversal from an uptrend to a downtrend.  It forms when an asset’s price reaches a similar resistance level three times, failing to break higher on each attempt.To confirm, a triple top me ...

The TSX (Canadian stock index) is now up 22% so far in 2025, one of the leading markets globally. And much of this performance is thanks to the TSX having a healthy amount of gold miners in the index.The gold miners’ weight in the TSX has obviously been climbing, starting the year at 7.2% and now about 9.4%.  This subcategory of the Materials sector is responsible for about one third of the TSX’s advance. The golds contributed 6.7% — without them the TSX would be a more average +15%.Gold bullion prices ...

Company payouts are stronger compared to previous years, despite brewing macro risksA weaker dollar and resilient consumer spending support record earnings and stock prices, even amid cautious CEO sentimentWe spot key events as the calendar flips to October, along with happenings at the biggest U.S. bankDividend-increase announcements are on the rise. According to the Wall Street Horizon research team, 71.9% of all dividend changes have been positive so far in 2025. That tops the comparable year-to-date f ...

While nuclear, coal, solar, and hydrogen power stocks and ETFs have done well,Oil and gas, our more traditional and somewhat abundant resources traded through various stocks and ETFs, have not done that well. Could that change?I am now quoted for “All energy hands on deck,” so it behooves me how cheap both oil and gas are on the futures exchanges. Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: How will we know when that chan ...

The debate over quarterly versus semi-annual earnings reporting has resurfaced, with President Trump suggesting a move to semi-annual reportsWhile US companies report quarterly, most international companies report semi-annuallyProponents of semi-annual reporting argue it reduces “short-termism” and could revive IPO markets, while critics warn of lessened transparency and increased potential for illegal activityRevisiting The Corporate Earnings Reporting Frequency DebateThe discussion on how frequently pub ...

I invite you to listen to the podcast I did with Jeffrey Hirsch (Trader’s Almanac) as we cover a lot about seasonality and the current bull market.In November 2021, the Russell 2000 (NYSEARCA: IWM) reached an all-time high at 244.46. In November 2024, the Russell 2000 (IWM) reached 244.98.Thursday September 18th high is 245.14. Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: Triple tops or a launchpad?For starters, we would l ...

Emerging Markets, on a global equity market capitalization basis, represent between 10-15%. This is not small, but also not huge — making it easy for many investors to ignore the space.That tendency has been further supported by poor relative performance over the past few decades. Using Bloomberg equity indices, Emerging Markets has returned 4.6% annualized over the past 15 years, and Developed Markets, a much healthier 11.4%. That isn’t only America, as developed international markets managed 7.3%. Thi ...

Starting with a chart of the 20+ Year US Treasury Bonds ETF (NASDAQ: TLT), we can see that its price cleared the key moving averages and the July 6-month calendar range high.The Leadership indicator is the most important part to watch. Right now, TLT slightly outperforms the benchmark. Should that continue, considering the FOMC policy hits the markets this week, that could be an early warning sign we are about to enter a risk-off environment. Sign up for our FREE newsletter and receive our best trading ...

This is a good time to step back and gain some perspective on the key ETFs I follow as the market anticipates several economic happenings, such as:Lower interest ratesLower inflationWeaker dollarWeaker labor market Growth leadingI start with the Transportation Sector ETF (NYSEARCA: IYT) looking at the weekly chart. When I step it back, it looks weaker than the growth stocks, however, the chart suggests nothing more than noise right now.The Transportation Sector ETF (IYT) is in a weekly bullish phase, un ...

A surprisingly weak August jobs report has locked in expectations for a Federal Reserve rate cut next week, shifting all market focus to this Thursday’s key inflation (CPI) reportConsumer behavior is again in focus this week, with Kraft-Heinz announcing a major spinoff due to shifting preferencesKey earnings from Kroger and Restoration Hardware set to reveal the strength of spending on both essentials and larger ticket itemsLabor Market Falters, Pushing Fed Rate Cut Probability to 100%Last week’s employme ...