As we closed out 2021, I began discussing sentiment and its need for a “reset.” We had moved higher for…
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Are the Markets Poised to Trade Much Lower? Keep Your Eye on This One Chart
It’s been an extremely tough period for the markets over the past 2 weeks, with oversold rallies giving way to…
Continue ReadingCOVID May 6, 2022: New Cases, Hospitalizations and Deaths Increasing
On COVID (focus on hospitalizations and deaths): COVID Metrics Now WeekAgo Goal Percent fully Vaccinated 66.3% — ≥70.0%1 Fully…
Continue ReadingThe Most Important Chart of the Day
Some of my most painful experiences as an investor have come when I have been undisciplined. I would get away from…
Continue ReadingFed Relief Rally Fizzles
On this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews where the markets stand following last week’s volatile price action.…
Continue ReadingShould the Fed Entertain .75% Interest Rate Hikes Going Forward?
Image Source: Macrobond Inflation is a spotlight topic in the media, with more reports and predictions surfacing every day. Since…
Continue ReadingThe Stock Market May be on the Edge of a Cliff, but This Chart Says It May Not Fall Off
Chart 1 reflects the fact that some market averages are on the edge of a cliff, in the form of…
Continue ReadingUSD Strength Continues with EUR/USD Arriving at Critical Junction
The Relative Rotation Graph that shows the rotation for currencies against the USD as the base is sending us a…
Continue ReadingIs This The Equity Markets Problem?
The stock market is stuck and many investors are having trouble understanding why it can’t bounce from here. The purpose…
Continue ReadingAAR: April Rail Carloads and Intermodal Down Year-over-year
From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. U.S. rail traffic in…
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