With jobless claims early Thursday morning, followed by the weak bank stocks earnings reports, the market is at a precipice.
Does the Fed come in once again to buy whatever they can?
Or, will reality replace the best of the …
Market reaction to the onset of COVID-19 has been volatile and uncertain.
Entire economies have closed, over 1 million individuals have been infected, 17 million people have filed for unemployment in the US, and GDP is set to contract at …
The charts of Regional Banks, KRE or the Prodigal Son of the Economic Modern Family told us and will continue to tell us a lot!
On the daily chart, back in mid-January, KRE was one of the first sectors to …
Fed injected another 2.3 trillion into buying bonds including junk.
The Fed has bypassed the Federal Reserve act, which means they can buy whatever they want.
Equity ETFs may be next.
The idea is to aid small and mid-sized business …
In the spirit of objectivity, we looked at the weekly chart of IWM as either a bear flag forming, or consolidation before another rally.
Then, we examined two potential cases.
Case 1-A bear flag forming where IWM breaks down under …
The Russell 2000 IWM weekly chart has helped us navigate the bull and bear runs for years.
While you hear so much about a V-Bottom, I see no evidence of it in this index.
Significant?
Also, considering it came in …
Who is surprised that the two sectors of the Economic Modern Family that broke over the inside week trading ranges are Semiconductors SMH and Biotechnology IBB?
And, who is surprised that the sectors that did not break over their outside …
As we are a couple of months into The Year of the Metal Rat, much of what I posted back on January 19th, has come true.
Raymond Lo, famous Chinese Astologer back in November 2019, predicted that in the Year …
Due to scheduling conflicts, tonight you are getting the levels without commentary.
Only one important note, five of the six economic modern family members are having an inside week.
That means they are trading inside the range of last week.…
Will Dubby Fuqua-Friend and Artist
The market has fallen over 30% from the highs.
Maybe you have already called your fund or 401(k) manager and asked to liquidate your losers or the entire account.
Here is what you probably heard.…
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