From HotelNewsNow.com: STR: US hotel results for week ending 4 July U.S. hotel performance data for the week ending 4…
Continue ReadingSchedule for Week of July 12, 2020
The key reports this week are June CPI, housing starts and retail sales. For manufacturing, the June Industrial Production report…
Continue ReadingLong-Term Trend Shifting in Favor of Gold
Recent messages showing the ongoing bull market in gold (and its miners) have stressed that a weaker dollar and historically…
Continue ReadingEarnings Season is Upon Us – And It’s Going to Be a Wild Ride!
Let me start right off the bat looking at two companies that reported earnings over the past week or so:…
Continue ReadingStock Market Melt-Up Into Earnings Season
Will the markets crack as corporations report their second quarter earnings? In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen…
Continue ReadingMarket Offers New Growth Amidst the Dead Wood
Perhaps the most incredible aspect of the market, for traders, is the ever-changing landscape of investment opportunities. I spend a…
Continue ReadingJuly 10 COVID-19 Test Results; Record Tests, Record Positive Tests
The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingMore Semiconductors Set Up
As the technology names pull away from the rest of the market, July has more semiconductor names set up to…
Continue ReadingOverbought Means Up A Lot
I’ve received many questions recently on stocks experiencing overbought conditions, from stocks like Activision Blizzard (ATVI), which recently broke above…
Continue ReadingTraders Chase QQQ, “The Only Thing Working”
The stock market rally went into pause mode in June – or at least that is the case as measured…
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