The market has a nasty response to Friday’s insane CPI data:
CPI Chart
Are investors worried creeping inflation could shrink their favorite companies’ profit margins?
Or that consumer behavior will shift toward less spending?
Nope.
Those risks can matter down …
The market plummeted last week as the inflation print came in hot.
That number was 8.6% year-over-year CPI, for your information.
My concern is that if commodity prices continue to stay “sticky,” these prices will continue to work through the …
SPY Chart
Last week, I thought the market was set up for another push higher… that sure didn’t happen!
Here’s the price action I was looking for:
“Right now, the market is holding the 20 EMA, but …
Another broken down Fintech stock… what else is new?
After a run to the mid-20s, the stock is trading at a 6 handle.
The CEO has been buying up shares, but he’s been doing that for …
Have you ever run a “channel check?”
This is a technique used by fund managers — especially those focused on retail stocks — where they examine a company’s distribution channels as part of stock analysis.
For example, if you go …
The markets have suffered a lot of technical damage, and there’s always the possibility that we can rollover.
Because of all this chaos, I’ve been discussing various trading traps to avoid if you want to avoid draining your trading account.…