Income Funds On Downtrend Channel Breakouts
On November 25, 2022, many income funds continued to form downtrend channel breakout chart patterns. These bullish patterns suggest institutional investors are bottom feeding in income funds as we close…
Articles about the U.S. economy that are most relevant to stock traders and the future direction of the stock market.
The Federal Reserve Rate Hike Slowdown Speculation Makes All the Difference
It's the best 6 months of the year for the stock market (November - April). Yes, seasonality was a tailwind but the real reason many stocks are doing downtrend channel…
Bellwether Target $TGT Stock Plunges, Pulls Markets Down
On November 16, 2022, Target $TGT stock did a HUGE gap down open of -15%. The reversal came right off of rectangle resistance. Why Did Target Stock Plunge?Target guidance cut…
S&P500 Biggest Gain Since 2020, CPI Cause and Effect and Institutional Investors
After data showed that prices rose slower than forecast, the S&P500 surged by the most in two years and Treasuries rallied. This fueled bets that the Federal Reserve can dial…
SPY Symmetrical Triangle In Weekly Time Frame On Hyperinflation
SPY is settling into a Symmetrical Triangle pattern in the weekly time frame. How the pattern resolves itself will set the stage for how the S&P 500 will perform for…
Elites Probably Don’t Want Biden on the 2024 Ticket
The global elites controlling most of the planet’s wealth are likely signaling that they don’t want Biden to run on the Democrat ticket in 2024. We speculate on this because…
Bed Bath and Beyond $BBBY Collapsing, Dumpster Fire, Could Go Bankrupt In Months
Bed Bath & Beyond Inc. $BBBY is in deep trouble as institutional investors target the failing company. Several months ago, I named this stock on the Saturday Show as a…
$IEF Bond Market Carnage, How Much Higher Rates Can Economy Handle?
As of April 12, 2022, the latest COT report does not yet point to any relief in the current carnage of bond markets. There's just a total reduction of exposure…
