Author: Ryan Mallory

$SPY finally made it above the 140.64 level after 3pm. let’s see if it can spike on the last 30 minutes and close above 141.12 so we set ourselves well before tomorrow and the speech that the Fed is preparing. As far as I...

$SPY dropped just under my 1st support of 140.28 to around 140.19, and bounced back. Actually 140.34 is the 3rd support on an intra-day chart, so I do believe the market is setting itself up for another leg of new highs. We will...

A break and hold below channel support on the SPX:VIX ratio pair would indicate further weakness to come in the S&P 500 Index, as shown on the Daily chart below (as observed in intraday action on Thursday). The RUT:RVX ratio...

As we are currently hostage of one man’s speech, I would like to make some important reminders of some the things I have written lately. On July 26, I wrote the following paragraph. “We did hold the 50MA, now bulls...

As you know by now, I don’t buy a lot of stocks under $5.00. That doesn’t mean that I won’t, but it really has to catch my eye! Well Northern Dynasty Minerals (NAK) has done just that! It has been on a...

$SPY opening slightly higher as GDP expanded at a 1.7 percent annual rate that was up from last month’s 1.5 percent estimate and in line with economists’ expectations. The economy grew at a 2.0 percent pace in the...