Inventory is still increasing, but the inventory build has slowed somewhat over the last several weeks. Still, inventory is…
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At the Edge of Chaos: Summer Rally Sizzles as Bullish Trend Fueled by Stable Liquidity
The bullish trend for stocks continues, but there is likely to be a test of wills in the next couple…
Continue ReadingSummer Teen Employment
Here is a look at the change in teen employment over time. The graph below shows the employment-population ratio for…
Continue ReadingZeroing In On Renewed Relative Strength
In the very near-term, we have options issues that could take a toll on key technology (XLK) and consumer discretionary…
Continue ReadingWeek Ahead: Short Trading Week May Offer Nifty Resistance In This Zone; RRG Shows These Sectors Rolling Inside Leading Quadrant
The Indian equity markets had a definite directional move over the past five days; it practically nullified the potentially bearish…
Continue ReadingSchedule for Week of August 14, 2022
The key reports this week are July Housing Starts, Existing Home Sales and Retail sales. For manufacturing, the Industrial Production…
Continue ReadingIs the Bear Market Really Over?
Last week’s rally in the Nasdaq marked a 21% rise from its June 16th closing low and, according to widely-followed…
Continue ReadingCan The Final Bear Turn Out the Lights?
Since the initial rally off the June low, we’ve been reinforcing the importance of upside resistance in the 4150-4200 range. This…
Continue ReadingCOVID August 12, 2022, Update on Cases, Hospitalizations and Deaths
On COVID (focus on hospitalizations and deaths): Hospitalizations have almost quadrupled from the lows in April 2022. COVID Metrics …
Continue ReadingTwo Indicators That Are Acting Like It’s 2020
We decided to take a look at our Silver Cross Index (SCI) and Golden Cross Index (GCI) across the broad…
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