by Joshua Enomoto | Technical Analysis
Undoubtedly, Donald Trump has the Midas touch — everything he approaches literally turns into resounding, golden success. Seemingly, his election victory — as awe-striking as it is — is just the beginning. The financial markets have responded with...
by Joshua Enomoto | Technical Analysis
As a technical analyst that is featured on multiple mainstream channels — including Yahoo Finance and MSN Money — I do my absolute best to keep track of the idiosyncrasies of the financial markets. Usually, there’s a predictability to the...
by Joshua Enomoto | Technical Analysis
For both fiscal and political conservatives, this year’s election results were a Godsend. How else to explain the miracle that was Donald Trump’s victory? While supporters of the real estate mogul will argue that the much-touted “Silent...
by Joshua Enomoto | Technical Analysis
This year’s Halloween has been a frightening affair for U.S. markets. The benchmark S&P 500 index dropped 2% since October 31. However, the real issue is that since early September, the major indices have failed to provide upside confidence. The markets are...
by Joshua Enomoto | Technical Analysis
It must be a pleasant thing to be a leftist sympathizer. On Friday, the Wall Street Journal screamed with their headline, “U.S. Economy Roars Back, Grew 2.9% in Third Quarter.” But within a few lines, even they admitted that it doesn’t really do...
by Joshua Enomoto | Technical Analysis
Strangely, the historic “Brexit” vote is appearing to be the last true fundamental driver for the American markets before a much-anticipated correction. If the primary beneficiary of Brexit was just Britain itself, this would be more than understandable....
by Joshua Enomoto | Technical Analysis
Despite the fact that the S&P 500 is up 9% year-to-date, investors haven’t had much joy over the past few months. Case in point, the benchmark index is up only half-a-percent since mid-July. That’s the kind of underperformance that makes people wonder....
by Joshua Enomoto | Technical Analysis
It’s been a remarkably news-rich cycle this past week. First and foremost, we had the first presidential debate between Republican Donald Trump and Democrat Hillary Clinton. Later on, we heard that OPEC has agreed to an oil production cut. Last Friday, the White...