It’s hard to stay optimistic when you’re losing money. Everything is easier to believe in when the price is going…
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FOMC Preview: 50bp Hike
Expectations are the FOMC will announce a 50bp rate increase in the federal funds rate at the meeting this week.…
Continue ReadingDo Your Homework and Get Better Grades Trading PLUS 3 Trade Setups
I remember many years ago, I was fascinated by the fast-moving, low-dollar stocks. It just seemed like easy money. Let…
Continue ReadingSectors Investors Need to Focus on After Friday’s Large Breakdown
On Friday, the CPI numbers were reported, showing that, while the Fed has continued to increase rates, inflation has again…
Continue ReadingWeek Ahead: NIFTY Inside A Broad Trading Range; A Mix Of Low & High Beta Pockets May Show Relative Outperformance
In a week that remained largely bearish, the Indian equity markets retraced and ended on a negative note. Unlike the…
Continue ReadingTrend Signals for the Big Sectors Tell the Story
Last week I wrote about the downtrend in SPY and showed a resistance/reversal zone based on broken supports and the…
Continue ReadingSchedule for Week of June 12, 2022
The key reports this week are May Retail sales and Housing Starts. For manufacturing, Industrial Production, and the NY and…
Continue ReadingAnemic High-Yield Bond A-D Line
After making an oversold low on May 19, the S&P 500 had a pretty impressive rebound effort, which included 3…
Continue ReadingCOVID June 10, 2022: Cases, Hospitalizations and Deaths Increasing
On COVID (focus on hospitalizations and deaths): COVID Metrics Now WeekAgo Goal Percent fully Vaccinated 66.7% — ≥70.0%1 Fully…
Continue ReadingHundreds of New Lows Shows Distrust of Market Continues
Just before the market closed Friday, I saw there were over 400 companies that were at 52-week lows. By any…
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