Personal comment: At the recent pace of improvement, it is possible to achieve all 3 of my criteria before July…
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Schedule for Week of May 16, 2021
The key reports this week are April Housing Starts and Existing Home Sales. For manufacturing, the May NY and Philly…
Continue ReadingDoes Getting Hit With A Money Cannon Ever Hurt?
While I was driving around picking up a curb side order at Canadian Tire Thursday, I was listening to Fast…
Continue ReadingDead Cat Bounce on S&P 500?
When a market makes a quick move lower from an established peak, then quickly rebounds back to the upside, you…
Continue ReadingStaples Stocks Spring to Life
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reveals a sector benefiting from increased prices while sharing stocks poised…
Continue ReadingHow to Best Position Yourself For a Rocky Market Ahead
The volatility we’ve seen in the market of late can be linked to some recent reports showing that inflationary concerns…
Continue ReadingIs the Current Market Rally Sustainable?
This past week, dip buyers saved the market from breaking lower. The Retail (XRT) and Regional Banking (KRE) sectors have…
Continue ReadingA Tech ETF Forming A Short-term Bullish Pattern within a Bigger Bullish Pattern
The Cybersecurity ETF (CIBR) was hit with the rest of the tech sector over the last few weeks, but it…
Continue ReadingFannie and Freddie: REO inventory declined in Q1, Down 58% Year-over-year
Fannie and Freddie earlier reported results two weeks ago for Q1 2021. Here is some information on Real Estate Owned…
Continue ReadingMay 14th COVID-19 New Cases, Hospitalizations; 7-Day Average Cases Lowest Since June 25, 2020
Personal comment: At the recent pace of improvement, it is possible to achieve all 3 of my criteria before July…
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