I get a lot of questions about trading profits and numbers … Why are they constantly changing? This is a…
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Used Vehicle Wholesale Prices Decreased 3.6% in First Half of August; Goldman Sees Sharp Decline in User Car PCE Inflation
First, from Goldman Sachs economists: One wildcard for the core goods outlook is used car prices—particularly after the 3.6% drop…
Continue ReadingThe Market Hates Uncertainty
I heard a data point on this week’s TCAF that blew me away: There have been 20 midterm elections since…
Continue ReadingWeek Ahead: NIFTY Stares At A Potential Stalling Of Current Rally; All Upsides, If Any, To Stay Capped At This Level
After continuing to rise in an unabated manner for three sessions out of four in the truncated week, the Indian…
Continue ReadingSchedule for Week of August 21, 2022
The key reports this week are the second estimate of Q2 GDP, July New Home sales, and Personal Income and Outlays…
Continue ReadingOptions “Max Pain” Right on Cue
Each month, on the Tuesday before the third Friday of the month, we hold our options “Max Pain” webinar, where…
Continue ReadingFive Decades Of Personal Stock Market Passages, Tools, Lessons And Stories (Part 1)
Successful investing calls for much the same prerequisites as those required to become a professional athlete. Fortunately, we investors have…
Continue ReadingCOVID August 19, 2022, Update on Cases, Hospitalizations and Deaths
On COVID (focus on hospitalizations and deaths): COVID Metrics Now WeekAgo Goal New Cases per Day2 93,741 105,118 ≤5,0001…
Continue ReadingI’m Calling the Top in the S&P 500
A key breadth indicator, which has indicated every swing top thus far in 2022, generated another sell signal on Friday.…
Continue ReadingMEM TV: Is It Time to Get Defensive?
In this special presentation courtesy of StockCharts TV‘s The MEM Edge, Mary Ellen reviews last week’s stalling action in the broader markets,…
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