Ryan Puplava's Blog

By Ryan Puplava CMT – The trend towards higher inflation continues to strengthen. Today’s release of the Empire Manufacturing Survey for May showed a pickup in the prices paid index to a seven-year high, matching levels not seen since...

By Ryan Puplava – We begin next week with the first quarter earnings season that really kicks off Friday with several banks reporting. Companies are likely on blackout periods from purchasing stock so there is a lull in corporate buy-backs currently...

By Ryan Puplava CMT – The big question on my mind, is whether this correction will be like the many we have faced or whether this correction is not like the others. The issue is that many of the fear indicators we’ve used in the past to pinpoint capitulation...

By Ryan Puplava – What goes up, must come down. And it was finally the stock market’s turn to take some profits aside. Friday’s 2.13% decline in the S&P 500 was the bookend to a week’s drop of 3.86% - all while the majority of companies this week produced...

Ryan Puplava CMT – A pickup in the reflation trade has helped financials with a new 52-week high for the Financials SPDR ETF. Ever since Irma was downgraded and CPI surprised to the upside, insurers and financials have improved along with the Treasury yield. Financials are...

By Ryan Puplava – The divergences began with the Dow Jones Industrial Average being the only index that was still going up. That’s typically a warning that breadth (or participation) was waning and a correction was due. The dip came and went and despite the natural...

By Ryan Puplava – Today, there was a decent improvement in the breadth outlook as the US stock market pushed higher and the S&P 500 closed at another new high of 2430. The percentage of S&P 500 stocks trading above their 50-day moving average has improved with today’s jump bringing...

It’s been a while since I’ve done a sector review so let’s see what’s performing. The best looking sector is staples. Almost 84% of the holdings in the XLP are above their 200-day exponential moving average...

The U.S. equity market has clearly undergone a consolidation for some time. In some areas, we see a longer consolidation than in others; however, many of the equity indices are already showing well-established uptrends that began at the October low...

It has been a wrenching month to hold energy stocks with the dollar rising steadily in August and in September, pushing commodity prices down. Gold has fallen from $1320 to as far as $1183. West Texas Intermediate has fallen from $100 a barrel to $86.50 at the time of this report.