This data is from the CDC. According to the CDC, on Vaccinations. Total doses administered: 322,123,103, as of a week…
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Week Ahead: NIFTY At New High But On Weak Internal Strength; RRG Chart Shows Risk-on Setup In place
The stock markets once again had a buoyant week it saw the Indian headline Index NIFTY50 closing at its fresh…
Continue ReadingSchedule for Week of June 27, 2021
The key report scheduled for this week is the June employment report to be released on Friday. Other key reports…
Continue ReadingInvestors, Prepare to be Disappointed
Investor expectations are way out of whack with reality, according to the global survey of individuals. U.S. investors* expect 17.5%…
Continue ReadingHas the Infrastructure Bill Stolen the Inflation Spotlight?
The stock market steadied itself, as the major indices clear or head to new highs. Additionally, the media has slowed…
Continue ReadingFading Participation is Still a Huge Problem
(This is an excerpt from today’s DecisionPoint Weekly Wrap) When the 20-EMA crosses up through the 50-EMA, we consider that…
Continue ReadingAre Nike’s Earnings Results a Precursor of What is About to Come?
Nike (NKE) reported blowout earnings Thursday after the bell and the market liked what it heard and saw, with the…
Continue ReadingMind the 10-year Yield Chart, Not the Fed
Traders interested in Treasury bonds, Treasury bond ETFs and yields would be better off ignoring Fed-speak and focusing on the…
Continue ReadingJinko Solar (JKS) Soars After Beating Estimates
Periodically, I provide a sample of my Daily Market Report that I provide to our EarningsBeats.com members every day. Below…
Continue ReadingVIX Open Interest is Falling, Which is NOT a Feature of Price Tops
Anyone can look at the VIX to get sentiment indications about the stock market. That’s beginner stuff, although still pretty good. The…
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