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How Real Rates Drive Stock Prices (10/26/23)

(10/26/23) Q3 GDP grew at an annual rate of 4.9% in the 3rd Quarter: It's not uncommon to see an economic uptick in economic activity prior to a rece…

2 years, 5 months ago

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Markets Confirm the Break of the 200-DMA (10/26/23)

(10/26/23) Markets confirmed the break of the 200-DMA by sliding through that level on Wednesday. The next level of support will be at the 4,100 mark…

2 years, 5 months ago

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Are Gloom & Doom Scenarios Correct? (10/25/23)

(10/25/23) Google's Earnings Report & Cloud Revenue weakness dampen markets' mood; there remains a dichotomy between the performance of the Mega-cap …

2 years, 5 months ago

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Markets are Hanging On... (10/25/23)

(10/25/23) Markets are hanging on by fingernails follwoing the break of the 200-DMA; this is why you have to be careful after the initial break. Mark…

2 years, 5 months ago

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Is the Pain Trade Higher? (10/24/23)

(10/24/23) Microsoft & Google report earnings today, and by next week 80% of the S&P will have checked-in w Quarterly results; the Fed enters blackou…

2 years, 5 months ago

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Is the Year-End Rally in Jeopardy? (10/23/23)

(10/23/23) Markets are wrapping up October with seasonal weakness, as the Israel War continues and rates remain high, weighing on sentiment. There's …

2 years, 5 months ago

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Current Market Weakness is Normal...but... (10/23/23)

(10/23/23) Markets are working within that Summer weakness correctional phase, quite normal for October of a pre-election year. Weakness typically ru…

2 years, 5 months ago

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The RMD Nightmare on Elm Street (10/20/23)

(10/20/23) A bit of flavored coffee commentary to launch the show, 10-yr Treasuries hit 5%, and investor psychology hits the markets. Fed Chairman Je…

2 years, 5 months ago

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What Will Powell Say Next? (10/19/23)

(10/19/23) Fed Chairman Jerome Powell is on the prowl this week: Will it be 'higher for long,' more rate hikes, or have higher interest rates done en…

2 years, 5 months ago

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Are Traders Trapped? (10/19/23)

(10/19/23) Markets traded off the 20-DMA, with traders trapped in a narrowing price compression range between support on the 200-DMA at 4,020 and res…

2 years, 5 months ago

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