Markets resolved to the upside today, failing to push lower despite high sell volume during the past few days. I noted in my morning note that things were “ripe for a rally” with the market having been down 6 days in a row and indicators reading as deeply oversold.
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Markets finished down 5% for the second week in a row, as breadth has fallen off a cliff and indicators are reading deeply oversold levels. There could…
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Markets whipsawed around today before ultimately closing down nearly 2% as the Federal Reserve hiked rates by the expected 0.75%. There was no dovish…
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Markets failed to recover meaningfully after a poor CPI print, falling -5% to close at the the lowest daily price since July 19th. With all eyes ahead…
Markets got smoked yesterday, down -5% for one of the worst days of the year after a higher than expected CPI reading put cold water on the thought that…
Markets showed strength on Friday after bouncing from deeply oversold conditions to back above the moving averages. The fact that indexes faked out with…
Markets bounced to the tune of 2% higher today as solar leaders showed the way on volume. We’ve been focusing on solar stocks for the past several weeks…
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Markets sold off below the 50-day moving average as the Nasdaq closed down over 4% on the week. Most individual stocks followed suit, but a precious few…
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