I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this…
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August 14th COVID-19: Over 70,000 Hospitalized Today, Over 800 Deaths
Experts currently think we need somewhere between 70% and 85% of the total population fully vaccinated to achieve “herd immunity”.…
Continue ReadingJacksonville Real Estate in July: Sales Down 16% YoY, Inventory Down 40% YoY
I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this…
Continue ReadingWhat Will Strong Results and an Ascending Triangle Get You?
It’s not at all unusual for a company to see a huge uptrend followed by a lengthy consolidation period. Many…
Continue ReadingSchedule for Week of August 15, 2021
The key reports this week are July Housing Starts and Retail sales. For manufacturing, the Industrial Production report will be…
Continue ReadingWeek Ahead: NIFTY Edge Higher If Stays Above This Point; RRG Chart Hints At Leadership From These Sectors
In the early weekly note, it was mentioned that the following eight weeks of consolidation, the NIFTY has finally staged…
Continue ReadingA New Uptrend Just Posted In This Major Market Index – Here are Candidates Poised to Benefit
The broader markets are at a very positive juncture as recently leading areas are holding their gains while newer areas…
Continue ReadingWhy Is Bitcoin 42,000 So Important?
I recently recorded a “Choose Your Own Adventure” style approach to Bitcoin. I laid out four different scenarios for this crypto,…
Continue ReadingFrom Sectors to Groups to Stocks to Find One Name That Dominates
Relative Rotation Graphs are a great tool to use for a top-down approach. Lots of people look at sectors and…
Continue ReadingCatch the Move Into This Major Index
This week on StockCharts TV‘s The MEM Edge, Mary Ellen shares the reversal of a prominent index that’s poised to trade higher…
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