Chart of the Day: Costco Hits Firm Buying Level
The stock remains buoyant though it lacks positive movement at the current time.
A Fed Under Pressure
Let’s look at the position our central bankers are in regarding inflation, while keeping watch of the global central banks … and on all the E.U.-Canada sweet talkin’.
The Best Rallies Take Place When Investors Are Bearish, Not Complacent
Perhaps we’ll get a change in direction following the Fed’s press conference tomorrow. Until then, this market feels complacent, which is not productive.
Feeling the Weight of the Market
Investors must now adapt to a changing environment as we approach the midterms, the fighting with Iran continues, and we’re getting AI warnings.
What’s Driving This Market? Complacency.
Something has got to change and I think it will happen sooner rather than later.
Updating Our Table of Key Portfolio Metrics
Here are consensus EPS figures, RSI levels, potential pickup points and more for the Portfolio’s holdings.
Chart of the Day: Arista Networks Is a Screaming Buy, This Pattern Says
A tried and true bullish pattern is emerging.
Charting the S&P 500: Still Bullish, but With a Downgrade
Markets can keep on correcting this month if buyers don’t re-appear.
Is Alphabet Stock, Like the Market, Oversold Enough to Rally?
Not much changed on Friday. The market is oversold, while sentiment is complacent. We could rally, and a stock I recently recommended could follow.