Earlier from the NY Fed: Empire State Manufacturing Survey Business activity steadied in New York State, according to firms responding…
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Moving Averages are one of the most simple and age-old tools within a technician’s toolkit. This humble indicator is nothing…
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There’s no denying that there is an orgy of speculation going on in certain areas of the stock market. This…
Continue ReadingAt the Edge of Chaos: Something Really Big is Happening in the Markets, the Economy and People’s Lives
If the Federal Reserve doesn’t change its current policy implementation methods, the 1800 point decline in the Dow Jones Industrial…
Continue ReadingJune 14 COVID-19 Test Results
Note: I started posting this graph when the US was doing a few thousand tests per day. Clearly the US…
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If you’re just showing up at 9:30am ET and deciding last minute which stocks to trade, I think you’re doing…
Continue ReadingRecession Measures and NBER
Calling the beginning or end of a recession usually takes time. However, the economic decline in March was so…
Continue ReadingTrump considering second round of IRS stimulus checks
Taxpayers received a bit of good news as far as a second round of IRS stimulus checks this week. However,…
Continue ReadingWeek Ahead: NIFTY Likely To Struggle At Higher Levels; RRG Chart Shows Rotation Changing Hands
After a strong gain of 5.86% in the week before this one, the NIFTY took a breather after rising nearly…
Continue ReadingPost COVID-19: Online Cannabis, Alcohol, And Tobacco Are Booming
Three of the most booming online products right now are cannabis, alcohol, and tobacco products. All three markets have been…
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