The S&P 500 keeps extending its consolidation – is this a potential bottoming pattern? The broad stock market index lost…
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FOMC Minutes: Participants continued to anticipate ongoing rate increases
From the Fed: Minutes of the Federal Open Market Committee, December 13–14, 2022. Excerpt: In discussing the policy outlook, participants…
Continue ReadingThe Ord Oracle January 3, 2023
Last week, we said, “Both of the weekly 18-day averages of the up down volume and Advance/Decline indicators Bollinger Bands are…
Continue ReadingSeraphim Space 2023 SpaceTech Predictions
Today, the Seraphim Space team – the world’s first listed investment fund focused on SpaceTech that invests in early and…
Continue ReadingEnergy Stocks Don’t Have A Lot Of Downside From Here
In his Daily Market Notes report to investors, Louis Navellier wrote: Last day of the Santa Rally is hoping to hold on to…
Continue ReadingIs The USDX Building Strength To Push Gold Prices Down?
The USD Index is a key driver of gold prices (apart from real interest rates). How much strength has it…
Continue ReadingSouthwest’s Screwup Exposes A Myth Of Margins – How Tesla Is Hurting ETFs
Hank Greenberg’s email to investors discussing Southwest’s screwup exposes a myth of margins, how Tesla is hurting ETFs, and his…
Continue ReadingDonald Trump’s Gravest Threat Is In Georgia; An Indictment Is Likely
Donald Trump’s Gravest Threat is in Georgia; An Indictment is Likely – AG Garland May Have to Back Off for…
Continue ReadingTesla (TSLA) Drops On Soft Q4 Deliveries, Question Marks Over 2023 Outlook
Despite a minor bounce that Tesla (NASDAQ:TSLA) stock staged in the closing days of 2022, shares are back to trading…
Continue ReadingISM® Manufacturing index Declined to 48.4% in December, Price Index Lowest Since April 2020
(Posted with permission). The ISM manufacturing index indicated contraction. The PMI® was at 48.4% in December, down from 49.0% in…
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