Congratulations to the residents of Florida on joining the 70% club! Go for 80%!!! (70% of adults have had at…
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Financials Turn Higher
With the US jobs report coming in this morning, bond yields rallied while banks and insurance companies popped out of…
Continue ReadingThis New Sector Turned Bullish
This week on StockCharts TV‘s The MEM Edge, Mary Ellen reviews the bullish reversal in one of the largest sectors as the…
Continue ReadingHow to Profit from a Great Earnings Season
Q2 Earnings season is winding down and, based on the record highs on all of the major indexes this past…
Continue ReadingLas Vegas Real Estate in July: Sales up 5% YoY, Inventory down 43% YoY
The Las Vegas Realtors reported Southern Nevada home prices eclipse $400,000 mark; LVR housing statistics for July 2021 A report…
Continue ReadingRegional Banks Take Their Cue from the 10-yr Yield
The Regional Bank ETF (KRE) and the 10-yr Treasury Yield are positively correlated and the recent surge in the 10-yr…
Continue ReadingAAR: July Rail Carloads down, Intermodal Down Compared to 2019
From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. U.S. rail traffic in…
Continue ReadingIs This Key Index Likely To Play A Catch-up?
The frontline NIFTY50 Index staged a strong breakout following eight weeks of strong consolidation. It has marked a fresh lifetime…
Continue ReadingIs This The Higher Low ?
The market has really been a tale of two tapes this week. On Wednesday, the Dow Jones Industrial Average dropped…
Continue ReadingCombining ADX and MACD
In this week’s edition of Stock Talk with Joe Rabil, Joe follows up his past lessons on ADX and MACD…
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