One simple way to explain how markets function is rising prices attract buyers, and falling prices attract sellers. They might…
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Retail Sales Unchanged in September
On a monthly basis, retail sales were unchanged from August to September (seasonally adjusted), and sales were up 8.2 percent…
Continue ReadingGNG TV: Rally Provides No Relief as “NoGo” Returns
In a highly volatile morning, markets reacted to an upside surprise in both PPI and CPI inflation data. Annualized inflation…
Continue ReadingNice Clues Arrived On Thursday
The market pushed down to new lows on Thursday, making a new market low for 2022. Frankly I though the…
Continue ReadingHow to Learn Indicators
On this week’s edition of Stock Talk with Joe Rabil, explains how he learned the indicators he employs. He discusses…
Continue ReadingDomino’s Pizza Rises To The Occasion In Q3
Domino’s Pizza popped on mixed results and guidance. The company reiterated its guidance but reduced the outlook for spending. The…
Continue ReadingO’Reilly & AutoZone Outperform The S&P: Is Either A Better Stock?
Auto parts retailer O’Reilly may be forming a constructive cup-with-high-handle pattern. Analysts expect the company to earn $31.82 per share…
Continue ReadingConstellation Brands Stock May Offer Safety In The Market Storm
Constellation Brands stock looks a bit oversold after reporting solid earnings and positive forward guidance. Beer sales drive the company’s…
Continue ReadingRealtor.com Reports Weekly Active Inventory Up 31% Year-over-year; New Listings Down 15%
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released today from economist…
Continue Reading2022 Q2 Final: Earnings Have Peaked
The following chart shows us the normal value range of the S&P 500 Index, indicating where the S&P 500 would…
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