With concerns over China and global growth, the Fed took a dovish stance in today’s released FOMC minutes.
They want to exercise patience to see what the U.S. economy has in store for the second half of 2019.
Furthermore, they …
As we begin the shortened week, three of the four indices are in accumulation phases on the daily chart, which means, they cleared their 200 daily moving averages.
The remaining holdout?
Granddad Russell 2000 IWM.
Last week I made a …
It’s that time again.
The time when we examine the weekly charts on the Economic Modern Family.
This past week, the market continued to climb higher.
Three of the four indices are in accumulation phases on the daily chart, which …
The Russell 2000 IWM, like the perfect rose on Valentine’s Day, fell right to the tick, the support level mentioned in last night’s Daily.
“Russell 2000 (IWM) 152.40 now pivotal support.”
Furthermore, Transportation IYT, added a heart above the quintessential …
Yesterday, we covered the laggard of the Economic Modern Family throughout this rally or Retail (XRT), which mainly represents the brick and mortar stores.
Yesterday, XRT finally cleared the 200-WMA at 44.66.
Today, XRT closed at 44.91.
Today, we switch …
The laggard of the Economic Modern Family throughout this rally has been Retail (XRT), which mainly represents the brick and mortar stores.
While the rest of the Family (Russell 2000, Biotech, Transports, Regional Banks, and Semiconductors) have been trading over …
It was a choppy session today, which given where the indices sit on the both the Daily and Weekly charts, makes sense.
Choppiness also makes sense, given the potential government shutdown and the vague details on the progress of the …
Last year, I worked with a dollmaker to create these dolls that represent the diverse and important sectors of the U.S. Economy.
She took the cartoon image you see on the bottom of the photo, and went to work.
I …
Piglet sidled up to Pooh from behind.
Pooh, he whispered, ”Yes, Piglet?”
“Nothing,” said Piglet, taking Pooh’s paw.
“I just wanted to be sure of you.”
Will Dubby Fuqua-Artist-Arnold Lieberman Gallery
When a pig, in the Year of the Pig, …
With a market up 17% from the December lows, many, including myself, are left wondering if we should still consider this a dead cat bounce, or the foundation for a melt up.
Technically speaking, only Biotechnology (IBB) and Semiconductors (SMH) …
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