There are just days to go until trick-or-treating, so let’s grab some full-sized candy bars ourselves and check out some major exchange-traded funds.
The emerging markets have clearly failed their uptrend. There’s little but vapor holding prices up at this point.
The most beautiful H&S top of all time, the South Korea triple-leveraged bullish fund, looks headed for disaster.
Brazil’s runoff election is happening right now, and the outcome from that will have an immediate effect on this Brazil fund, which may well lose its entire price pop from earlier this month.
China, a long favorite of mine on the short side, keeps breaking down. Incredibly, their own stock market peaked almost two full decades ago!
Precious metals continue to suck out loud, and if gold breaks its support here, we could easily see ourselves back to $3,500/ounce on the metal.
My biggest short, the medium-term bond fund, is a beautiful reversal.
Small caps, which I am short by way of November puts, has been in a steady downtrend for months now.
The NASDAQ 100 established an important new price gap between Wednesday and Thursday.
The biggest success story for the bears has been, at long last, the failure of the ascending price channel .
Finally, the S&P 500 fund broke its 2026 uptrend just days ago, and the forthcoming election and its aftermath could send this spiraling lower.
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