The week before this one had seen the headline Index testing a couple of important levels on daily and weekly…
Continue ReadingExplosive Earnings are Propelling Stocks Higher in These 2 Surprising Areas
It’s been proven that strong earnings are the number one driver of a stock’s upward advance. With earnings season under…
Continue ReadingThose Who Are Patient Could REALLY Cash In!
When Tesla (TSLA) reported its earnings last week, they smashed all expectations, both on the top and bottom line. The…
Continue ReadingBig Techs Lead Market Retreat
A selloff in the biggest tech stocks is putting downside pressure on stocks today; and is helping make the Nasdaq…
Continue ReadingAre the Markets Stalling?
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the market’s action and highlights key levels for the Indices.…
Continue ReadingEconomic Modern Family Has Eyes on Granny Retail
In the world of large cap and tech stocks, Friday was an interesting trading day. Lots of those stocks touched…
Continue ReadingJuly 24 COVID-19 Test Results
The US is now reporting over 700,000 tests per day. Based on the experience of other countries, the percent positive…
Continue ReadingEnergy Sector Heating Up – Here are Possible Winners
I have been watching the Energy sector closely this week. $WTIC, which I follow daily in the DecisionPoint Alert report,…
Continue ReadingQQQ Goes on a Bender
QQQ can do little wrong here in 2020, but the ETF is ripe for a corrective period as it becomes…
Continue ReadingSilver Blowoff
Silver prices have had quite a run since making a COVID Crash bottom on March 18, 2020, especially in the…
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