$TLT long-bond ETF is just breaking its 2019 uptrend WITH relative performance vs the $SPX giving up 6-months of performance breaking below the July lows. Relative performance often (not always) leads price with TLT 134 support looking vulnerable. pic.twitter.com/Ie5Q9MzWxt — Robert Sluymer (@rsluymer) December 18, 2019 Today’s Chart of the Day was shared on […]
Technical Analysts Remain Bullish
While the headlines remain scary to some, those who view the markets through technical analysis continue to see many positive developments for stocks. Scott Redler, a partner with T3Live.com, believes that with the S&P 500 closing above it’s 200-day Moving Average, this has now opened the door for the index to reach the 2800 level. […]
Checking in on Crypto
It’s been a little over a year now since Bitcoin topped out in December of 2017. That year, the price of one Bitcoin surged from $1,000 to over $19,000. “Bitcoin Mania” was truly a speculative bubble in its purest form, and will likely be studied alongside Tulip Mania for years to come. It was a […]