Friday’s sudden 3-4% drop felt like a wake-up call of sorts. At least it did for me, as I remained bearish…
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MEM TV: Volatility Spikes As Markets Break Down
On this week’s edition of StockCharts TV‘s The MEM Edge, Mary Ellen shares a key level that was broken in the S&P…
Continue ReadingS&P 500 Has Broken Below Key Level – Here’s What to Watch For Going Forward
Talk about being a party pooper. Fed Chair Powell’s comments today that bringing down prices “is likely to require a…
Continue ReadingPowell: Inflation is Public Enemy #1 to the Stock Market
The Economic Modern Family tells us the macro story, and the charts are warning us. The indices and sectors closed…
Continue ReadingTechnicians Are Betting On Red
The stock market is a bull/bear battle every day. Last week as the $SPX touched the 200-day moving average, the…
Continue ReadingBlack Knight: Median House Prices Declined in July; First Decline in 32 Months
Today, in the Calculated Risk Real Estate Newsletter: Black Knight: Median House Prices Declined in July; First Decline in 32…
Continue ReadingDon’t Even Think About Buying … (This Sector)
Staying out of a sector can be as important as being in the right sector. This is particularly true for…
Continue ReadingRunning Up into Resistance
Jerome Powell speaks at Jackson Hole later today. If he is somewhat dovish, TG wonders, will the market pop a…
Continue ReadingA Signal Called Fishhook in Gold
Gold prices bottomed on July 15, 2022, and moved up nicely to a top on August 12. That up move in…
Continue ReadingFed Chair Powell: “Higher interest rates … will also bring some pain to households and businesses”
From Fed Chair Powell: Monetary Policy and Price Stability (watch on YouTube here) Excerpt: Restoring price stability will take some…
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