The upper extended trend line shows that the Double Top breakout not only fizzled out, but the price action failed…
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At the Edge of Chaos: Worry About the Fed and Market First, Then About the Economy
For investors, at least in the present, it’s not what the economy can do to the markets that matters most.…
Continue ReadingJuly 26 COVID-19 Test Results
The US is now reporting over 700,000 tests per day. Based on the experience of other countries, the percent positive…
Continue ReadingJuly 25 COVID-19 Test Results
The US is now reporting over 700,000 tests per day. Based on the experience of other countries, the percent positive…
Continue ReadingFree Webinar: UCI Professor Chris Schwarz Economic and Market Update on Tuesday, July 28th
UCI Professor Chris Schwarz and I have presented together before. Always interesting! He will be offering his thoughts on the…
Continue ReadingTwo Of The Strongest Industry Groups Just Keep Getting Stronger
It’s no secret that I like finding leading stocks in leading industry groups. In my view, however, THAT is the…
Continue ReadingSchedule for Week of July 26, 2020
The key report this week is the advance estimate of Q2 GDP. Other key reports include Personal Income and Outlays…
Continue ReadingWeek Ahead: Chase Momentum Vigilantly If NIFTY Attempts Higher Levels; RRG Chart Show This Sector Taking a U-Turn
The week before this one had seen the headline Index testing a couple of important levels on daily and weekly…
Continue ReadingExplosive Earnings are Propelling Stocks Higher in These 2 Surprising Areas
It’s been proven that strong earnings are the number one driver of a stock’s upward advance. With earnings season under…
Continue ReadingThose Who Are Patient Could REALLY Cash In!
When Tesla (TSLA) reported its earnings last week, they smashed all expectations, both on the top and bottom line. The…
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