Hey, Ross here: One of the best ways to gauge the health of the market is by looking at the market leaders. And the undisputed market leader of 2023 – Nvidia – is showing that
Hey, Ross here: 10-year Treasury yields hit a new high yesterday. And yet, the market was largely flat. The most surprising thing? A nearly 3% gain in the beaten-down small-cap Russell 2000 Index… Which as
Hey, Ross here: And let’s look at some interesting price action that points to where the market could be heading in the short run. Chart of the Day The market defied the negative momentum we
Hey, Ross here: Welcome to a new trading week. With the market bouncing – then falling again – people are wondering what’s going on. Well, as today’s chart explains, things are pretty much playing out
Hey, Ross here: Yes, the market bounce took a brief pause yesterday on the back of the slightly higher than expected inflation printout. But I believe the market bounce thesis still holds – and today’s
Hey, Ross here: Let’s start the day with an interesting chart that shows an uncanny resemblance between the market movements of 2021 and this year. Chart of the Day Now, this certainly isn’t as predictive
Hey, Ross here: And let’s look at another chart that continues to support my thesis that a short-term market bounce is just beginning. Chart of the Day This is the U.S. Dollar Index about to
Hey, Ross here: My short-term thesis for the market is playing out. And as the Chart of the Day shows, today’s price action could all but confirm it. Chart of the Day This is the
Hey, Ross here: Welcome to a new trading week. Despite the hotter-than-expected jobs report last Friday, the market defied expectations and closed higher – even ending higher for the week. This tells me that my
Hey, Ross here: And as we end the trading week, we can see that there are three support levels that point toward a market bounce. Chart of the Day What you see here are three
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