Author: Bruce Powers

SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has broken up out of a bullish continuation wedge pattern five days ago on a gap up, indicating the likelihood of further upside. Watch for a throwback for a good...

iShares Russell 1000 Value Index Fund ETF (IWD) IWD has setup in an Ascending Triangle formation in an uptrend indicating a likely breakout to the upside. The breakout resistance level is $58.06, the top of the ascending...

According to Barclays Global Investors research (ETF product iShares) “Global ETF assets have hit an all time high of $942bn at the end of October 2009, 0.9 per cent above the previous all time high of $933bn set in Q3...

In last two days streetTRACKS Dow Jones Wilshire REIT Fund (RWR) has showed signs of strengthening following a two month retracement of the larger trend. RWR has now broken through the down trend line of the retracement and...

As of Friday’s closing price of $91.85, the Rydex CurrencyShares Australian Dollar Trust ETF (FXA) has rallied 52 per cent from its low hit in October 2008, and had retraced 95 per cent of the large down trend started at...

The Crash of 1929 “The unbounded optimism of the Jazz Age and the shocking consequences when reality finally hit on October 29th, ultimately leading to the Great Depression.” This is an excellent documentary for all...