Follow this leading indicator closely, resistance test in play

Follow this leading indicator closely, resistance test in play

Below compares the prices of Crude Oil and the New York Stock Exchange Index (NYSE) over the past couple of years. Once Crude peaked in 2014, the NYSE Index make little upward movement after than, even though the trend for the prior few years was clearly up. Over the...
Banks, Junk & NYSE Index clear these resistance levels?

Banks, Junk & NYSE Index clear these resistance levels?

The financial focus around the world right now seems to be the “Brexit” vote tomorrow in Europe. Even though that vote is important, we are most interested in the reactions of investors, after the vote. The 3-pack below looks at some key sectors in the...