As global consumers of goods and services take a preference for everything online, businesses have had to embrace various technological innovations to keep up with evolving market trends. First, there was the inevitable shift from brick and mortar establishments to the online sphere. And now, apps are all the craze due to the increased use of mobile phones. But do casinos need these apps? Isn t an online presence enough?
Well, the entrepreneurial spirit is all about applying all strategies to get your business up and running. Every business owner realizes the importance of creating stability to generate revenue and drive growth. And the
An important technical conclusion stemming from the recent volatility spike is that prices must continue to push higher, above previous highs, in order to confirm the continued upside price expectations. The recent volatility spike and downside rotation in the US major stock market were big enough to reset many trending systems and prompt new upside price targets. In this research article, I will share our targets on the Mid-Caps and the Transportation ETFs to show you want we expect from the potential rally.
IWM Breakout Above $218.35 Suggests Rally Is Just Starting
The IWM, the Ishares Russell 2000 ETF, Daily chart highlights the recent rotation in price and shows a Fibonacci price extension range from the late December 2020 lows to the recent late January 2021 highs. I use these Fibonacci price extensions as a means of measuring potential upside or downside price targets, which seem to be fairly accurate. Watching what happens near the 61.8% level o
I’d like to explain why these already-stretched markets could crash by the start of the 3rd quarter. I’ve been warning over the past month, or about, that my Inflation/Deflation and Economic Cycle Model SM is forecasting a potential crash in equities around the start of Q3 this year. Of course, this timing could change and I would only take action in the portfolio if the Model validates this forecast to be correct. Nevertheless, here’s why the bubble we are currently riding higher in the portfolio could burst around that time.
During the late Q2 early Q3 timeframe the following macroeconomic conditions will be occurring: