The broader markets are at a very positive juncture as recently leading areas are holding their gains while newer areas…
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Why Is Bitcoin 42,000 So Important?
I recently recorded a “Choose Your Own Adventure” style approach to Bitcoin. I laid out four different scenarios for this crypto,…
Continue ReadingCatch the Move Into This Major Index
This week on StockCharts TV‘s The MEM Edge, Mary Ellen shares the reversal of a prominent index that’s poised to trade higher…
Continue ReadingFrom Sectors to Groups to Stocks to Find One Name That Dominates
Relative Rotation Graphs are a great tool to use for a top-down approach. Lots of people look at sectors and…
Continue ReadingAugust 13th COVID-19: Over 140,000 New Cases Reported Today
Congratulations to the residents of California and Pennsylvania on joining the 80% club! Go for 90%!!! (80% of adults have…
Continue ReadingRotation and Seasonality Point To This Sector As Our Next Leader
Rotation is nothing new during secular bull markets. It’s actually what drives bull markets. Rather than money leaving the stock…
Continue ReadingSanta Clara Real Estate in July: Sales Up 29% YoY, Inventory Down 7% YoY
I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this…
Continue ReadingEarly Q3 GDP Forecasts: Around 6% to 7% with “Significant downside risk”
From BofA: We look for growth of 7.0% qoq SAAR in 3Q … We forecast retail sales fell by 2.3%…
Continue ReadingSan Diego Real Estate in July: Sales Down 4% YoY, Inventory Down 42% YoY
I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this…
Continue ReadingAugust 12th COVID-19: Crisis in Florida and Texas
First, on the economic impact of the delta variant from BofA today: ‘Our big data business cycle indicator is at…
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