Something’s got to give. After the triple bottom I pointed out in this space last week, the major indexes crossed back…
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Scaling Up Tips From A 24-Year Old Millionaire Trader {VIDEO}
I finally got the chance to celebrate one of my top student’s $1 million profit milestone — even though he’s…
Continue ReadingFOMC Preview: 75bp Hike
Expectations are the FOMC will announce a 75bp rate increase in the federal funds rate at the meeting this week.…
Continue ReadingWeek Ahead: NIFTY May See Some Consolidation At Higher Levels; RRG Chart Shows This Sector Ending Its Relative Underperformance
The markets had a strong week much on the expected lines. In the previous weekly note, it was categorically mentioned…
Continue ReadingSchedule for Week of July 24, 2022
The key report this week is the advance estimate of Q2 GDP. Other key reports include June New Home Sales,…
Continue ReadingWeekend Daily: What Will Drive the Commodities Market?
Commodities across the board rallied after the Russian invasion of Ukraine and have since declined significantly. Before the War though,…
Continue ReadingCOVID July 22, 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 ReadingMEM TV: The Key Traits of a True Market Bottom
In this special presentation courtesy of StockCharts TV‘s The MEM Edge, Mary Ellen shares a rules based system to help you identify…
Continue ReadingBLS: Eight States Set New Record Series Low Unemployment rates in June
From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in June in 10 states and…
Continue ReadingIt’s All About That 50-Day Moving Average
For the last couple months, when someone would bring up some bullish argument, my response would usually be something like,…
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