How long have we talked about the massive nearly 11-month price consolidation in our dear Granny Retail XRT?
What we waited for was a weekly close over 79.20, a level we have not seen since February 2022.
The Family, catching …
For hump Wednesday, I am asking the question on whether the two premier diet drug companies are finally over the hump and have stopped the bleed?
Today I read this:
WEIGHT-LOSS DRUG COVERAGE RISES AMONG LARGE US EMPLOYERS IN 2024: …
For Turnaround Tuesday, let’s reexamine the ETF XRT, which we have tracked all year.
Since February 2024, XRT has been in a massive consolidation.
While the ETF recently looked poised for a breakout and a weekly close over $80, the …
I ended last week on Maggie Lake’s podcast.
During the discussion, we covered a lot of topics, and I encourage you to go have a listen as we offer actionable information.
One of the topics we covered is the notion …
The week right after the election, the Family was downright jubilant.
This past week, the best word to describe them as is disappointed.
Disappointed is not as bad as say, dismayed.
Nonetheless, all the gains after the elections dissipated.
Some …
With all the euphoria in the market, junk bonds help calm the noise.
Why?
Because
Firms that issue bonds are generally looking to raise capital for growth, expansion, debt restructuring or other cash-flow for their business.
Companies that issue high-yield …
This story came out today about Trump’s potential policy on cannabis.
The statement by Chris Christie:
When I was asked about the election, I talked about 3 commonalities among both candidates.
On October 28th my Daily article said this:
Considering the bull market of 2024, Cathie Wood’s ARKK fund (she has 6 ETFs) over 2 years and a lot of sideways price action, could now be a potential player.
Remember, ARKK …
NOTE: Weekly charts except for TLT and BTCUSD, both Daily charts
Considering where the Economic Modern Family was just a few weeks ago, clearly euphoria has spread since the election.
There are though, key levels to watch, not to mention …
It should come as no surprise that I have been watching sugar futures carefully for years.
As the 3rd in my trifecta of inflation indicators, sugar has been sitting in wait.
However, the chart looks incredible, but we will get …