First Trust Dorsey Wright Momentum & ETF News

In our opinion, the current anti-business backdrop will continue to be an overhang for the US economy. Click here to read the latest edition of the Week On Wall Street.

Recession likely but short lived; inflation higher for longer; companies will maintain profit margins by cutting staff. Read on to see my market predictions for 2023.

Conventional wisdom says that an inversion of the Treasury yield curve is a good predictor of a forthcoming recession. See why the outlook for the economy is healthy.

The market is hitting its head on resistance. My next upside target is 4300SPX.

Jay Powell's appearance last week was not only jaw-dropping but raised a lot of questions. Read more to see what investors need to know.

Per the latest survey data from AAII, only 24.5% of investors reported as bullish this week.

Financial markets rocketed higher yesterday after Federal Reserve Chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes as early as December.

Jay Powell is due to speak on Wednesday. Find out why this is Powell's chance to regain control over the markets in his battle against inflation.

There's been a lot of bottom talk lately. However, it's going to take much more than a strong CPI report to save the market. Click here to read more.

It's been a difficult year and I see no reason to deviate from my New Era Investment Strategy. Click here to read the latest edition of The Week On Wall Street.

The challenge for 2023 is likely to be disinflationary recession. The challenge for 2024 and thereafter is likely to be inflationary fiscal spiraling.

The November Fed Minutes will be released Wednesday afternoon. See why the bond and currency markets are already preparing for very hawkish minutes.

The rate of change of inflation has peaked, not inflation. Click here to read why I think the recent market rise was highly likely a relief rally.

While the U.S. economy has absorbed tighter financial conditions so far, it doesn’t mean it will continue to do so.

The headline Unemployment Insurance data is seasonally adjusted. The 4-week moving average is a more useful number than the weekly data. Read more.