The GME squeeze should’ve been an obvious topping indicator in the market.
It marked the peak of stock market excess…
Alongside all the hot biotechs, SPAC runners, and tech stocks that don’t earn anything shooting straight to the …
The GME squeeze should’ve been an obvious topping indicator in the market.
It marked the peak of stock market excess…
Alongside all the hot biotechs, SPAC runners, and tech stocks that don’t earn anything shooting straight to the …
Yeah, it was pretty bad.
Again.
The CPI came in hot, above expectations, leading to a small selloff.
But it wasn’t anything like last month, because those who needed to deleverage already took their positions down.
On top of that, …
It’s been tough buying strength in this market.
We’ve seen too many whipsaws, failed breakouts, and rug pulls.
This makes perfect sense… because it’s a bear market!
You can also have some instances where as soon as you “buy …
Recently, I shared with you a long-term bottoming indicator in the markets…
And how we can break it out by sector.
Right now, healthcare is looking pretty hot:
Quick summary: This is the buy/sell ratio, …
It’s make-or-break time for crude oil.
Last month, the Fed’s 75 basis point hike set off a cascade of deleveraging in commodity assets.
For example, here’s a chart of copper:
Copper Chart
The 75 bps hike, combined with Chinese …
A quick way to see if a sector is mounting a turnaround is to compare it to the price of the broad market.
For example… here’s a look at ARKK (to represent tech growth stocks that don’t turn a profit) …