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Market keeps holding up. SPY and IWM (small caps) right at 200-day moving average as we head into tomorrow's CPI.
Looks like a good time for a pullback, hourly RSI is oversold as well as the McClellan oscillator. Major indices finding resistance at Monday's high.
BBBY with a brutal ER this morning. They're up +25%, possibly looking at bankruptcy. Another retailer also facing bankruptcy, PRTY is up +90%...
Sharp move up this morning. JPow speaking tomorrow, probably have a sharp move down to get us moving sideways this week.
Looking at several possible silver stocks; MAG is one of them. [IMG]
Finally breaking out.
Man Who Invented the Yield Curve Inversion Model, 8-for-8 in Predicting Recessions Since 1968, Warns: It is Wrong This Year...
MSFT keeps going lower, atlhough it has a base level struck back in October/November. AAPL is holding at least, and TSLA stopped plummeting.
AAPL has got to put in a bottom if the market is going to start going up.
Important to hold December's low for the first quarter.
I didn't read the link, but they paid dividends up til 2020...and looks like they'll start paying one again.
That logarithmic chart is real interesting. 1) You see exponential growth continues, but also 2) it may be hard to believe that there have been...
Think we're putting in a very important bottom now. Today marks 5 days since a 4-day losing streak in SPX/NDQ.
[IMG] Shift4 Payments, Inc. Technology | Software - Infrastructure | USA Shift4 Payments, Inc. provides integrated payment processing and...
I use technical analysis for diagnostic, rather than prognostic, purposes. So we'll see what happens after that golden cross :cool: I think...
You don't think we'll be in recession next year?
SPY testing the 50 sma today. DIA getting a golden cross, also near the 50 sma.
