Weekend:• Schedule for Week of September 19, 2021 • FOMC Preview: Tapering “Advance Notice” Likely Monday:• 10:00 AM ET, The…
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FOMC Preview: Tapering “Advance Notice” Likely
Expectations are there will be no change to rate policy when the FOMC meets on Tuesday and Wednesday this week. However,…
Continue ReadingAt the Edge of Chaos: Not Adding Up; Stocks Crash, But Algos Buy Call Options as Money Pours into Mutual Funds
The wall of worry is so high now that it seems insurmountable. But is it? If the world is about…
Continue ReadingWeek Ahead: NIFTY May Broadly Consolidate; RRG Chart Shows This Sector Ending Its Relative Underperformance
As discussed in the earlier technical note, the Indian equity markets were grossly overbought; as a result, they were largely…
Continue ReadingSchedule for Week of September 19, 2021
The key reports this week are August Housing Starts, and New and Existing Home sales. The FOMC meets this week,…
Continue ReadingDoes Poor Transportation Performance Signal A Bear Market Ahead?
It’s an interesting question. After all, during periods of economic expansion, transportation stocks ($TRAN) should ship more goods, report higher…
Continue ReadingProfiting on Stocks After Earnings
On September 9, Affirm Holdings (AFRM) reported its earnings results after the bell. The market liked what they heard and…
Continue ReadingWalking Blind Into An Energy Crisis
A theme is emerging in the energy space. Oddly, it is not a theme focused on green energy. At this…
Continue ReadingShould You Buy the Pullback?
This week on StockCharts TV‘s The MEM Edge, Mary Ellen reviews the broader markets and what to be on the lookout for…
Continue ReadingBreaking Key Support in the S&P 500 (SPY) Could Be a Reversal Opportunity
On Friday, the S&P 500 (SPY) broke an important support level by closing under the 50-day moving average and this…
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