The US consumer price index (CPI) came in slightly higher than expected; the market’s been pretty chill about it so far. But will that change? Inflation may be eating into…
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Stock
In this week’s edition of Trading Simplified, Dave continues to show his methodology in action by revealing an old mystery chart and adding a new one. He answers crypto questions on…
SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Yesterday we said, “We posted this…
Maybe it’s just Valentine’s Day, so the food and commodities market sees a push to chocolates, flowers, and fine dining. And maybe not. The CPI came out with an unexpected…
In this episode of StockCharts TV’s Sector Spotlight, for this first week of February, I address high level asset-class rotation, then step into sectors. From the sector level, I use Relative…
On this week’s edition of The DecisionPoint Trading Room, Carl opens with a discussion of a change that is occurring in the calculation of the CPI from here on out…
All in all, the key sectors (retail, transportation) have more to prove, especially by clearing the 23-month moving average or 2-year business cycle. This is a significant level, as these…
As Pete watches the weekly S&P 500 rallies, he notices they’ve been stalling and somewhat back-filling. The S&P has been moving up, but is definitely testing its resolve around the…
The bears are getting louder as stocks consolidate recent gains. But the market’s current price consolidation behavior, until proven otherwise, is quite normal, especially after a nearly 20% rally in the…
I have been preaching Wall Street manipulation for years. And Wall Street took manipulation to a completely new level in 2022, accumulating shares of panicked retail traders after the distribution…