The weight of the evidence remains strong for stocks, but this is not a bull market that lifts all boats.…
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June 16th COVID Update: New Pandemic Lows for Deaths and Hospitalizations
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Due to changes at the CDC, weekly cases…
Continue ReadingThree Charts Show Bear Case for Technology
As a trend follower, I’m bullish. I can’t deny that the trend is positive on all three time frames using my…
Continue ReadingMEM TV: An Exciting New Area Joins the Market’s Uptrend
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the health of the broader market, while also highlighting breakout…
Continue ReadingGas Prices: What A Difference A Year Makes
The start of summer is nearly here, and drivers are finding prices far lower than last year. Lackluster demand and…
Continue ReadingA Wild Ride in the Market
On this week’s edition of Moxie Indicator Minutes, TG explains how the market has been on a wild ride —…
Continue ReadingS&P Bank M&A 2023 Deal Tracker: Only 4 Deals Announced In May
According to the S&P Global Market Intelligence, US bank M&A deals hit another monthly low in 2023 with only four…
Continue ReadingIs There Big Tech Trouble in FANG(sta :) Paradise?
Near Term Rotations The Relative Rotation Graph above shows the Stock rotation inside the NYFANG index. Semiconductor stocks AMD and…
Continue ReadingASOS – Profits Return Despite Falling Revenues
ASOS plc (LON:ASC)’s third-quarter revenue fell 14% to £858.9m, ignoring the effect of exchange rates, reflecting declines across all geographies…
Continue ReadingCrypto Investors Priced In SEC Regulatory Action
There can be no doubt: uncertainty looms over the future of cryptocurrency regulation. The recent lawsuits initiated by the Securities…
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