Andrew Nyquist

By Andrew Nyquist Well, so much for the boring sideways market! Although some may have been caught flat footed on the direction of the move, most should have see a big move coming. For one, many market participants were engaged in political gridlock of sorts (pun intended), spelling out their respective bullish or bearish cases. This […]

By Andrew Nyquist Copper has had a rough go of it lately. As the global financial markets have pulled in, Copper prices have dropped roughly 9 percent. Question is, how far might Dr. Copper have to fall before it catches a bounce? And are Copper prices trying to tell us something about the health of the […]

By Andrew Nyquist Pretty heavy market lately. In late October I posted a blog with charts showing some key support levels for active investors to focus on. Those levels included S&P 500 1394 (.382 Fibonacci retrace) and 1375 (.500 Fibonacci retrace, and at the time the 200 day moving average). Well the index briefly violated the […]

By Andrew Nyquist After a monster rally, Google (GOOG) dropped in equally quick fashion to the 200 day moving average and its 61.8 percent Fibonacci Retracement level (640). From there, GOOG stock has rebounded to an important confluence of resistance, including the 50 day moving average, the 50 percent Fibonacci Retracement level, and downtrend line. Take […]

How correlated has the US Dollar been to US equities? This analysis includes historical US Dollar charts with correlations to equities.

Is it time for investors to start following the Bullish Percent Index? This breadth indicator remains elevated and is beginning to flash caution signals.

The lifeblood of the U.S. economy is the consumer. And this shows its face through the SPDR Retail Sector (XRT). Retail has been a MAJOR under-performer for the past several months, warning that the economy is in worse shape than analysts contend. Many pundits have written off inflation as a mild im…

It’s been a wild ride for the real estate sector and investors. After the covid crash, the stock market perked up and investors grabbed real estate while interest rates were extremely low. But as energy prices rose, so did housing prices. But home buyers didn’t care, they continued to buy until interest rates began rocketing […]

As long as stocks are rising, bullish investors want their cake and to eat it too. Doesn’t matter what the concern is… Until it does matter. Today is a really short and easy read with little to no technical analysis. Just a macro observation that investors should be watching, in my opinion. Interest rates have […]

This story came out today about Trump’s potential policy on cannabis.  The statement by Chris Christie: When I was asked about the election, I talked about 3 commonalities among both candidates.  Therefore, I am not too surprised to see Chris Christie’s statement.  Sign up for our FREE newsletter and receive our best trading ideas and […]