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5-7-24 Aiming for 5,300

Markets rallied to close above the 50-DMA on Monday, triggering computers' buy programs, and a final push at the end of the day produced a close at t…

1 year, 10 months ago

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5-6-24 What is Economic Stagflation?

There are three possible paths for markets, moving forward. Markets are at a critical juncture at the 50-DMA; earnings "beat-rate" has been low, and …

1 year, 10 months ago

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5-6-24 Markets' Critical Resistance at 50-DMA

Markets are right at the 50-DMA which is critical resistance. It's make or break time: If markets break to the upside, we'll try to retest previous m…

1 year, 10 months ago

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5-3-24 Who'll Win the Tax Cut Battle?

Apple's results + the Biggest Buyback Ever: Are iPhones becoming a high-tech toaster? Labor/Jobs Report preview; what the Fed may do. It is surprisin…

1 year, 10 months ago

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5-2-24 Powell Holds Pat (and the wealth gap becomes a chasm)

Market volatility returns amid earnings season, with McDonald's, KFC, and Starbuck's reporting weak earnings, suggesting tru impact of inflation on c…

1 year, 11 months ago

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5-2-24 Markets Pump & Dump

Markets traded lower Tuesday, about 30-basis points below Monday's action. However, during the intra-day, markets underwent a massive flip: Stocks re…

1 year, 11 months ago

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5-1-24 What Happens When Companies Miss?

Fed Day brings dovish expectations; so far, so good in current earnings season. Economic data is all over the board; Europe emerges from Recession. T…

1 year, 11 months ago

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5-1-24 The Normality of a 10% Correction

Markets came off support at the 100-DMA, rallied to the 50-DMA and failed in a first test of resistance. No dramatic surprise. The important thing no…

1 year, 11 months ago

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4-30-24 Bullish Sentiment Index Reverses With Buybacks Resuming

Fed Meeting preview; earnings season contiunes, buybacks about to resume. What's up the the Yen? Corporations are the net buyers of stocks; the corre…

1 year, 11 months ago

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4-30-24 Is a Market Pullback Ahead?

Futures are somewhat depressed after two good days in the markets, wjhich follow six days of selling. We noted that Sellers live higher, Buyers live …

1 year, 11 months ago

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