Semis reversed sharply higher today & proved to be one of the stronger areas in the mkt -$AMD held where it needed to as $SOX -TD Buy Setup along w/ $SPX, $QQQ - Some work needs to be done, & i discuss areas of importance in tonights note @IBDinvestors @MarketSmith #IBDPartner
I have just started a THREADS account under @therealmarknewtonCMT.. FOLLOW ME THERE..for additional market & educational content..& occasional snarky sarcastic humor, & random observations...i plan on posting to both here & Threads.. No #PhishTour comments yet ..#MaybeSoMaybeNot
May homebuilder survey results published last week. Top themes: 1) Builder metrics quickly deteriorating across the board. 2) Price cuts on standing ‘speculative’ inventory accelerating. 3) Buyer incentives are back. Market commentary to follow…
@CNBCi maybe have a qualified group of medical scientists with deep knowledge refute what was said through discussion, instead of angrily screaming "make it go awayyyyyyyyy" and censoring anything you dont like
hard to get too excited about stock rally when adv/decline not confirming, doesn't feel like we took enough pain, maybe a better buying opp lower $es $spy
This was the Omicron scenario I was hoping for, presented by an extremely credible source. Very bullish for the economy, growth and likely equity markets.
$KWEB looking good for those with strong stomachs, following gann fan s/r well since 2018, RSI with positive divergence on weekly, and hatred for china tech is so prevalent that were running out of new shorts $baba