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U.S. Equities Have One VERY Serious Short-Term Problem
When I began looking at my key index charts this morning, along with sector and industry charts, one thing became…
Continue ReadingWeek Ahead: NIFTY May Largely Stay In A Defined Range; These Sectors Are Showing Signs Of Relative Strength
After testing a fresh lifetime high at 18604, the Indian equity markets slipped into some corrective consolidation within a broad…
Continue ReadingSchedule for Week of October 24, 2021
The key reports this week are the advance estimate of Q3 GDP and September New Home sales. Other key indicators…
Continue ReadingGet the Jump by Timing the Swing within the Pattern
The Infrastructure ETF (IFRA) came to life here in October with a six percent surge that could signal the beginning…
Continue ReadingEarnings Season Presents Great Buying Opportunities
Tesla (TSLA) reported its earnings last week with the stock getting a nice boost in spite of a steady move…
Continue ReadingDid Jerome Powell Jump Scare the Major Stock Indices?
Friday, the chair of the Federal Reserve –Jerome Powell spooked the market when he announced that the Fed would keep…
Continue ReadingFed Chair Fears Inflation – Here’s An Uptrending Area And Stocks That Are A Great Hedge
Fed Chair Powell signaled new concerns about inflation today after remarking that global supply-chain constraints and shortages that have led…
Continue ReadingTreasury-Bund Yield Spread Shows Troubling Divergence
The 10-year T-Note is yielding 1.636% as of Oct. 20. The equivalent German bond is still at a negative yield of…
Continue ReadingWhy Breadth Matters as S&P Tests 4550
The worst crime that an analyst can commit is remaining bearish in the face of a rising market. –Richard Russell…
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