The key reports this week are the third estimate of Q2 GDP, the September ISM manufacturing index, September auto sales,…
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Why Gold Remains Bearish
Gold has captivated human beings for millennia, infatuated with its appearance and it scarcity. Gold has also attracted investors for…
Continue ReadingA Hundred Large Cap Stocks are in a Bear Market – And Wall Street is Looking for 35 of Them to Soar
While the S&P 500 and the Nasdaq 100 (QQQ) are in striking distance of their early September highs in price,…
Continue ReadingThree Climax Days This Week That Were Right On
Climax analysis is something unique to DecisionPoint and we’ve found that “climax days” are highly accurate in determining market bottoms…
Continue ReadingBreaking Down the Financials Sector on RRG
On the Relative Rotation Graph for sectors, the Financials sector, XLF, is positioned inside the lagging quadrant and heading upwards…
Continue ReadingAre Transportation Stocks Setting up for Monday?
On Friday, the transportation (IYT) sector made a comeback from this week’s lows, along with clearing resistance from its 200-day…
Continue ReadingMarkets Regain Upside Momentum
This week on StockCharts TV‘s The MEM Edge, Mary Ellen reviews the broader markets and highlights a shift into newer sectors. She…
Continue ReadingThis Sector Is Turning The Bullish Corner; Higher Prices Ahead
As you probably know, my background is in public accounting. I practiced as a CPA for two decades prior to…
Continue ReadingIt’s Black.
The market has tried to rally since the Monday lows. We all know the difficulty of trying to figure out…
Continue ReadingComments on August New Home Sales
In the Newsletter I have Comments on August New Home Sales Excerpt: Sales, year to date in 2021, are only…
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