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Four For Four

Four For Four

The S&P 500 Index began 2019 with four straight weekly gains.  Is this a strong positive for the remainder of the year?  It certainly is. Great stats from Ryan Detrick:  The final eight months of the year, after a strong start like we’ve had in 2019, have...
Crude Crushed

Crude Crushed

Crude is blowing out near term support this morning.  The USO(United States Oil Fund) is off nearly 5% and is heading for its biggest single day loss of 2019.  With loads of overhead supply now in place(all of the April/early May range) as well as a declining 200D...
Tesla Tumbling

Tesla Tumbling

It’s been a rough year for Tesla share holders.  The stock is hitting new 2019 lows this morning as it moves lower for the 12 session out of the last 13.  TSLA is now off 45% from the January peak and is now more oversold(weekly MACD) than it has ever been.  Is...