Would You Buy This Chart?
A fun and interesting excercise in technical analysis from The Big Picture.
A fun and interesting excercise in technical analysis from The Big Picture.
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The S&P was -0.87%, the NASDAQ -2.47% and the Russell -1.95% Thursday. All of the NASDAQ’s Wednesday post-Fed gains and more were erased. Apple (AAPL) – the market’s leading stock – was -3.93%. QQQ got hit hard but once again…
Right now in the stock market we have as clear a divergence as I can recall between what the technicals are saying and what the fundamentals are. As far as the technicals, the S&P is above its 200 DMA, above…
What investors have been fretting about finally happened: Russia invaded Ukraine Wednesday night. Bears have been correct in saying that we won’t see even an intermediate bottom until there is real fear – and we haven’t seen it yet. Well,…
“The January retail sales data is not consistent with either same store chain sales or total vehicle sales during the sampling period.” – Joseph Brusuelas, IDEAglobal The surface rationale for today’s move is a stronger than expected January Retail Sales…
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