Symbotic Inc. (SYM) is an automation technology company that focuses on improving operating efficiencies in modern warehouses.
Here are some key points about Symbotic:
Over the weekend we covered the weekly charts of the Economic Modern Family.
All the original Modern Family (Russell 2000 IWM, Retail XRT, Transportation IYT, Regional Banks KRE, Biotechnology IBB, and Semiconductors SMH), gained.
Our newest member, Bitcoin, also gained.…
These are the weekly charts of the Economic Modern Family.
We begin by featuring the original six.
We will then look at our 7th member, and end with a look at NASDAQ.
The weekly charts of the original Modern Family …
First some facts about the July Calendar Range
The July Pattern
The Six-Month Calendar Ranges
Very Simply, small caps are on fire!
Note the small green horizontal line.
That is the new July 6-month calendar range high.
IWM handled it like a champ!
Plus, look at the leadership chart.
IWM outperforms the benchmark.
Finally, look …
With the aftermath of the horror of the weekend, the market responded with presuppositions of a Trump victory.
However, we believe that these presuppositions might be a bit premature.
November is still far away.
January 2025 is even further away.…
On June 24, 2024 I wrote a daily called, Big Brother Biotechnology Sector Revives.
“IBB sits just below the 200-WMA. Plus, he is in the middle of the weekly channel range. Furthermore, back in May, IBB handily cleared above the …
Starting with Fed Chairman Powell:
Last night I wrote that …
We have heard many discussions on whether small caps (Granddad Russell 2000 IWM) really matter for the market.
Here are a few talking points:
Mother Nature can be such a B@*^H!
On March 6,2024 I wrote a Daily on sugar and inflation.
The biggest takeaway is
We will know about inflation by watching: