These indicators are mostly for travel and entertainment – some of the sectors that will recover very slowly. —– Airlines:…
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At the Edge of Chaos: Throw Out the Old Playbook; The Market is Now Leading the Economy
“Engage people with what they expect; it is what they are able to discern and confirms their projections. It settles…
Continue ReadingJuly 19 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 ReadingInternet Stocks Remain Strong And This One Could Explode Higher
We can talk about earnings, the economic outlook, technical conditions, etc., but to be quite honest, the real keys to…
Continue ReadingPhoenix Real Estate in June: Sales up 2% YoY, Active Inventory Down 23% YoY
The Arizona Regional Multiple Listing Service (ARMLS) reports (“Stats Report”): 1) Overall sales were at 9,508 in June, up from…
Continue ReadingWeekend Visit with the Economic Modern Family
With Daily’s recently-titled “Granny Retail Hangs Tough” and “Granddad Russell 2000 Takes the Lead“, it’s no wonder we saw rotation…
Continue ReadingJuly 18 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 ReadingWaiting For a Fat Pitch
On the latest episode of Animal Spirits, Ben and I spoke the seduction of sitting in cash and waiting for…
Continue ReadingWeek Ahead: NIFTY Has These Three Important Levels To Deal With; RRG Charts Clearly Shows Change Of Leadership
In the previous weekly note, we had mentioned about the markets losing momentum in general despite some measured incremental up…
Continue ReadingSchedule for Week of July 19, 2020
The key reports this week are June New and Existing Home Sales. —– Monday, July 20th —–No major economic releases…
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