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…
Legg Mason Western Asset High Income Fund $HIX Explosive Move Higher
The Legg Mason Western Asset High Income Fund $HIX stock has exploded higher and has formed a downtrend channel breakout. Many dividend paying income funds have had explosive moves higher…
BlackRock Municipal Income Fund $MUI Downtrend Channel Breakout
The BlackRock Municipal Income Fund $MUI is confirming a downtrend channel breakout on November 21, 2022. This is the second income fund that we've seen breakout of a downtrend channel…
Allspring Income $EAD Three Inside Up Pattern On Downtrend Channel Break
The Allspring Income Fund $EAD formed a bullish Three Inside Up pattern last week before breaking out above downtrend channel wall resistance. A bullish Three Inside Up pattern formed on…
Stock Markets Gap Up On Lower Inflation Growth
Stock markets opened with a large gap of between 1.5% and 2% on November 15, 2022. The reason is that the October PPI number was released today. The Producer Price…
Digital World $DWAC Bullish Option Flow Detected On Merger Rumors
Bullish option flow was detected in $DWAC stock between November 1 -4, 2022. Bullish Option Flow in $DWAC Stock Trump Media named Rumble, Parler as potential merger partners Trump Media…
Warren Buffett Takes -$2.7 Billion Loss For Q3 2022.
Warren Buffett's Berkshire Hathaway reported a -$2.7 billion loss on November 5, 2022. That's better than the -$44 billion loss he reported for Q2 2022. Buffett has lost around -$47…
Gold Stocks $GLD Testing ANOTHER Downtrend Channel Resistance Wall
On November 4, 2022, $GLD tested another downtrend channel resistance wall for a possible channel breakout. Just to be clear, $GLD has testing this channel resistance four times since March…
