The key report scheduled for this week is the April employment report. Other key reports include April vehicle sales, and…
Continue ReadingIs This A “Sell On News” Top? Five Warning Signs
It very well could be. In my Daily Market Report (DMR) to EarningsBeats.com members on Thursday, I discussed this very…
Continue ReadingBullish Breakouts for Financials
Last month, we recognized a bearish divergence on the chart of the 10-year Treasury Yield ($TNX). Soon after, bond prices rallied,…
Continue ReadingMajor Index Support and Resistance Levels
Last Thursday, the S&P 500 (SPY) and the Nasdaq 100 (QQQ) tested new highs and then gapped lower on Friday,…
Continue ReadingBig Cap Tech is Remarkable
The market heavyweights announced earnings this week. Quite frankly, the numbers were stunning. Apple (AAPL)’s beat of $12 billion in…
Continue ReadingTake Advantage of Record Earnings!
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen highlights the best ways to take advantage of companies responding to…
Continue ReadingSell in May and Go Away? – Greg Schnell in Monday’s Free Trading Room!
We’ve all heard the saying, “Sell in May and Go Away.” This describes a phenomena that implies that investors, in…
Continue ReadingSemis Loose their Shine
The long-term trend for the Semiconductor ETF (SMH) remains up, but the ETF is coming under some selling pressure and…
Continue ReadingFannie Mae: Mortgage Serious Delinquency Rate Decreased in March
Fannie Mae reported that the Single-Family Serious Delinquency decreased to 2.58% in March, from 2.76% in February. The serious delinquency…
Continue ReadingApril 30th COVID-19 Vaccinations, New Cases, Hospitalizations; Lowest 7-Day Average New Cases Since October 2020
Note: I’m looking forward to not posting this daily! I’ve been posting this data daily for over a year, and…
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