Recent Commentary and Analysis

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CARZ Revs its Soon-to-be Silent Engine (Free)

Some of the old Ford and GM cars can still rev their engines, but the sound of a revving engine could go the way of the dodo. Perhaps, I should say that the price chart for the Global Auto ETF (CARZ) is revving its engine and poised for a breakout.

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Weekend Video – A Record Run, BBB Spreads, Bull Market Turns 1, Oversold Bounces in ITB and COPX, Upswings in CARZ and BETZ (Premium)

May was a volatile month for SPY with five swings of two percent or more, but the month ended slightly positive after a 3% upswing the last eight trading days. May is finished and now we head to June, which has a slightly negative seasonal bias. We will look at this seasonal pattern in today’s video and put the current

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Oil, Gold, Silver, Bonds and the Dollar (Premium)

This commentary will look at oil, gold, silver, bonds and the Dollar. I am sure that there are some intermarket narratives at work here, but I will try to stick with the price charts for a pure assessment. Oil is backing off of a massive resistance zone. Gold broke above the 200-day SMA as it extended its run and silver is challenging

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ETF Trends, Patterns and Setups – Big 3 with Different Uptrends, EV ETFs Tests Support, Tech ETFs Consolidate near March Low (Premium)

The ETF universe is also split. We are still seeing plenty of strength in the old economy ETFs as several recorded new highs in May. The highest of the high flyers remain weak with ETFs related to clean energy, cannabis, cloud, ARK and biotech forging lower lows here in May (below their March lows). Most eyes are on some tech-related ETFs

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