Consolidation happens fast
It looks like the market is going to be off to a weak start today, with the S&P 500 (SPX) futures down nearly 2% based on further Covid-19 fear.
Read MoreIt looks like the market is going to be off to a weak start today, with the S&P 500 (SPX) futures down nearly 2% based on further Covid-19 fear.
Read MoreWe expected consolidation in the market, and boy did we get it very quickly. After yesterday’s 5.89% plunge in the S&P 500 (SPX), only 2% of SPX are trading above…
Read MoreEven though newsletter writer bullish sentiment rose to the highest level since January, the retail investor isn’t nearly as bullish.
Read MoreAs we noted in last night’s closing commentary, despite the media focus on the mega-cap Nasdaq names, downside volume on the NYSE over the past two days has been over…
Read MoreWe hope you can join us today for a break-in call with Tony at 1pm.
Read MoreFor the tenth week, the number of people filing initial jobless claims declined.
Read MorePlease join us for a conference call for gold level subscribers tomorrow June 11th 1pm EDT. On this call Tony will be adding perspective on the market rotation, consolidation call…
Read MoreToday’s media focus is on the mega-cap names moving up, but downside volume was 86% today and 88% yesterday on the NYSE, respectively.
Read MoreThe FOMC press conference is one for the record books. Fed Chair Powell has said a lot of things, but just capped it off for me by saying “the Unemployment…
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