State of the Union Not-so-Subtle Implications for Financial Markets
This week’s State of the Union Address (SOTU) was filled with evidence of inflationary pressures that will keep inflation burning because…
Once ignited, inflation is...
U.S. Economy: Soft Landing or Recession This Year?
The stock market is betting on a Goldilocks scenario. Jerome Powell doesn’t foresee a recession, instead he forecasts a soft landing. Apollo is bettering...
Ulta Beauty Stock With Clean Breakout & Retest Pattern
While many retail and consumer discretionary stocks have been struggling, Ulta Beauty (ULTA) has been thriving.
And it started with a strong sideways base last...
US Dollar Strength: Does This Rally Have Legs?
The US Dollar Index (DXY) turned up from a MOB band target around the 101 area.
I am currently bullish the US Dollar and looking...
Watching Stock Price Reversals from Recent Market Highs
What if the trading range top at 4200 we have been calling for in the S&P 500 turns out as—the top?
Certainly we can make...
Facebook’s Massive Network Hits Milestone in Active Daily Users
Facebook surpassed 2 billion daily active users, a testament to the power of network effects.
As more people joined Facebook, the network became more valuable,...
Stock Market Stuck with a Plethora of Mixed Signals
If you are having a hard time figuring out the market’s next moves, here's a recap:
On the one hand, finally, the high yield bonds...
Semiconductors Reversal Has $SMH Attempting Bullish Breakout!
Last year's stock market decline was punishing and no one was hit harder that tech and growth stocks... and leadership groups like the Semiconductors....
Analyzing the Labor Market Versus the Stock Market
By the time you read this, the buzz of what the Federal Reserve did and Chairman Powell’s presser will be over, at least for...
What Are the Equity Market’s Positive Signs?
Monday, the Daily covered some of the warning signs, particularly in the Regional Banks and Transportation sectors.
We ended the Daily by writing this:
“Transportation and...