A week ago I was in a room with a hundred people and asked the following question: How many of…
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Schedule for Week of December 25, 2022
Happy Holidays and Merry Christmas! The key indicator this week is Case-Shiller House Prices for October. —– Monday, December 26th…
Continue ReadingWeek Ahead: NIFTY Drags Its Resistance Lower; Watch PSE, Energy Along With These Sectors For Resilience
Over the past few days, the levels of 18600 on NIFTY have assumed a lot of importance as the index…
Continue ReadingM2 Shrinking, GDP Rising — A Bad Recipe For Stocks
The Fed boosted the size of the money supply in a huge way because of COVID, exacerbating an upswing that…
Continue ReadingCOVID Dec 23, 2022: Update on Cases, Hospitalizations and Deaths
On COVID (focus on hospitalizations and deaths). Data is now weekly. Weekly deaths bottomed in July 2021 at 1,666. COVID…
Continue ReadingMy Worst Call of the Year
When I worked on the institutional buyside, we had the opportunity to hear from lots of brokers, strategists, and analysts…
Continue ReadingA Chilly Ending
The stock market has always come up with ways for challenging investors. What seems to be so obvious rarely works…
Continue ReadingMEM TV: Market Outlook Into the New Year
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews some of the key events driving price action as we…
Continue ReadingThese Steelmakers Deserve A Place On Your 2023 Watch List
As a group, steelmakers have been rising quickly, led by S&P 500 components Nucor and Steel Dynamics, along with Belgium-based…
Continue ReadingInflation Cools, Where Does The S&P 500 Go Now
Inflation cooled, but it’s still running hot at over 4.5% core. The Index of Leading Indicators is trending lower and…
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