I find semiconductors to be an important group to watch, given that they essentially provide the “backbone” to our modern…
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Out of 104, Only Two Industry Groups Show Rising Momentum
DecisionPoint Diamonds scans have failed to produce. In order to get even a few results it has required easing the…
Continue ReadingWeekend Daily: Trading Plan for the Week with the Economic Modern Family
Hello friends, Labor Day is approaching, and the market is closed in observation, so it’s time for some fantastic fun,…
Continue ReadingMEM TV: Negative Bias Remains Ahead of Holiday Weekend
On this week’s edition of StockCharts TV‘s The MEM Edge, Mary Ellen reviews where upside resistance is for the S&P 500, as…
Continue ReadingWill House Prices Decline Nationally?
Today, in the Calculated Risk Real Estate Newsletter: Will House Prices Decline Nationally? Excerpt: And yesterday, in an interview with…
Continue ReadingCalled the Top and the Destination
Recently, the market has been moving in ways that perfectly capture the Moxie setups and rules that TG has developed.…
Continue ReadingThe Employment Situation: The Bureau of Labor Statistics Monthly Report
One goal of the Federal Reserve Board’s dual mandate is “maximum sustainable employment”. The August unemployment numbers (aka the monthly…
Continue ReadingDown 13%, Is It Over Now?
In 2021, the market didn’t have a pullback of 13% before another rally started. In 2022, we have had two…
Continue ReadingQ3 GDP Forecasts: Just Over 1%
From BofA: Our 3Q US GDP tracking estimate rose to 1.3% q/q seasonally adjusted annualized rate (SAAR), up from from…
Continue ReadingHeavy Truck Sales Decline Slightly in August; Still Solid
The BEA released their estimate of vehicle sales for August this morning. This graph shows heavy truck sales since 1967…
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