ETF Sector Spotlight For 08/08/2022

ETF Sector Spotlight For 08/08/2022

Market Recap For August 8th, 2022 Yesterday’s Spotlight referenced the possibility that key resistance marks sat just above Friday’s close. After a brief Monday morning pop, stocks fell lower. Although it wasn’t an overly bearish day, reversing from important...
ETF Sector Spotlight For 08/05/2022

ETF Sector Spotlight For 08/05/2022

Market Recap For August 5th, 2022 Stocks dropped right out of the gate on Friday, but by mid-day a rebound took hold, and most losses were recouped. Not much changed after Friday’s trading. Major resistances still sit right at, or just above, current levels....
Check Out The Inverse Pattern On This Pharmaceutical Stock

Check Out The Inverse Pattern On This Pharmaceutical Stock

Anavex Life Sciences Corp. is a clinical stage biopharmaceutical company, which engages in the development of different therapeutics for the treatment of neurodegenerative and neurodevelopmental diseases. Take a look at the 1-year chart of Anavex (NASDAQ: AVXL) below...
ETF Sector Spotlight For 08/04/2022

ETF Sector Spotlight For 08/04/2022

Market Recap For August 4th, 2022 Markets didn’t make much headway, up or down, yesterday. The S&P failed to take 4160 again, as the Nasdaq inched a little higher. The most recent leg of the rally seems a bit extended, and with the indices sitting at, or near key...
ETF Sector Spotlight For 08/03/2022

ETF Sector Spotlight For 08/03/2022

Market Recap For August 3rd, 2022 Although the larger forecast was for a higher market, it seemed that a pullback might take place first. The market had other plans on Wednesday. All major indices pushed through key resistance marks, which implies higher prices are...
ETF Sector Spotlight For 08/02/2022

ETF Sector Spotlight For 08/02/2022

Market Recap For August 2nd, 2022 As suspected, markets took another stab higher. However, once again, the attempt to push through key resistance marks failed. The Dow, in particular, looks set to fall. In addition, both the S&P and Nasdaq have formed weakening...
ETF Sector Spotlight For 08/01/2022

ETF Sector Spotlight For 08/01/2022

Market Recap For August 1st, 2022 Almost on cue, markets pushed a hair higher to start the week, only to hit our previously cited resistance, and then pull down. Although it is completely possible that stocks may take another stab higher, it seems that a pullback may...
ETF Sector Spotlight For 07/29/2022

ETF Sector Spotlight For 07/29/2022

Market Recap For July 29th, 2022 The forecast for most of the week was for the market to move higher, while hitting new recovery highs. The market clearly accommodated. Friday was a bullish close, but key resistance marks are now sitting just overhead, meaning a...
Can This Stock Make A Bullish Break Through Resistance?

Can This Stock Make A Bullish Break Through Resistance?

Xylem, Inc. engages in the design, manufacture, and application of engineered technologies for the water industry. It operates through the following business segments: Water Infrastructure, Applied Water, and Measurement and Control Solutions. Take a look at the...
ETF Sector Spotlight For 07/28/2022

ETF Sector Spotlight For 07/28/2022

Market Recap For July 28th, 2022 As forecast, markets opened with a pullback on Thursday after Wednesday’s big rally. Also in line with our forecast was the ensuing rally to new recovery highs. The major indices all took out key resistance marks, and that implies even...