Entries by Peter Brandt

U.S Stocks Look Promising

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U.S Stocks look promising, with the Russell 2000 appears to be leading the upward parade. The Factor is long this market as of last Wednesday. The daily chart of the Russell 2000 ETF (IWM) is shown below after a breakout this past week that was promising.

What’s in Your Wallet

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The advance this past week exceeded the upside price target of 92.38 and I exited my long position. I will monitor this market for a possible continuation pattern. I believe the U.S. Dollar Index will continue to trend higher. Factor is flat.