Baltic Dry Index as Leading Indication

The Baltic Dry Index (BDI) makes for an interesting, but imperfect, leading indicator for the movements of stock prices. I don't know exactly

Odd or Resilient? European Banks

When I look across the European banking sector, the charts are disturbingly weak. After Jay Powell's presser, one of the things he

Tickers Still Bullish

The SPY is down twice now after the FOMC, where Powell continued to hike rates with another 25BPS. Despite that, there are

Will the Generals follow the Troops?

Small-caps are leading the way lower and breadth indicators are showing some serious deterioration under the surface. Large-caps are holding up for

Confirming the 1-2-3 Reversal

On this week's edition of Stock Talk with Joe Rabil, Joe explains how to use the higher timeframe to help confirm a

Managing Fear and Expectations

All trades, no matter how well thought out, have the potential to end in a loss. Therefore, we must manage our expectations

Two Big Signs of Stagflation

The Fed raised rates by 25 bps. The decision was unanimous. The terminal rate projection is unchanged at 5.1%.The FOMC statement modifies guidance:

The Ord Oracle March 21, 2023

SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98.Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: