In early 2024, gold reached the price objective derived from the breakout of the large triangle that had evolved beginning in early 2022. Upon reaching the area of the objective, a classic buying climax halted the trend. The subsequent trading range has been characterized by distribution. In the event of…
Good morning and welcome to this week’s Flight Path. Equities remained very strong this week as we saw a…
In this edition of StockCharts TV‘s The Final Bar, Dave describes how the “breadth thrust”, popularized by legendary market strategist Martin…
As consumers become more selective in their spending, restaurants and travel remain bright spots in consumer spending. With American…
“We are in the business of making mistakes. Winners make small mistakes. Losers make big mistakes.” — Ned Davis…
The broader market is fairly mixed with one clear leader: technology. I am also seeing mixed performance within the…