The key report scheduled for this week is the April employment report. Other key reports include April vehicle sales, and…
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Key Sentiment Indicator at Bearish Extreme
My weekly investment routine involves a review of key sentiment indicators every Thursday. This is mainly because the survey data I…
Continue ReadingCOVID Update: Hospitalizations and New Cases Increasing
On COVID (focus on hospitalizations and deaths): COVID Metrics Now WeekAgo Goal Percent fully Vaccinated 66.1% — ≥70.0%1 Fully…
Continue ReadingEarnings Hits and Misses Present New Opportunities
Over the past two weeks, we have heard from many of the most visible companies in the world, including the…
Continue ReadingNasdaq Breaks Support… What’s Next?
On this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving market weakness and what to be on the…
Continue ReadingWill The Stock Market Bloodbath Continue?
On Friday, the Nasdaq 100 (QQQ) closed -4.4% on the day. Not far behind came the S&P 500 (SPY) at…
Continue ReadingCMT Association Hosts 49th Symposium
I need to add a new word to my trading vocabulary. I think every presentation at this year’s CMT Association…
Continue ReadingLong-Term Participation Is At One-Year Lows and Bear Market Levels
The Golden Cross Index (GCI) and Silver Cross Index (SCI) give a much better picture of market breadth than any…
Continue ReadingHotels: Occupancy Rate Down 4.2% Compared to Same Week in 2019
From CoStar: STR: US Weekly Hotel Rates Exceed Pre-Pandemic Numbers by 15% U.S. hotel performance increased from the previous week,…
Continue ReadingWhich Path Forward After Earnings?
In this week’s edition of Moxie Indicator Minutes, TG covers the overall market action after some key players reported their…
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