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A Clear Warning Sign

A Clear Warning Sign

The S&P 500 Index closed slightly lower in January. The index was quite a bit lower in February and, despite the huge rebound yesterday, the SPX is working on a 3rd straight monthly decline. When stocks are lower in both January and February, the full year is down...
QQQ

QQQ

The next eventual hurdle is the 50 Day and resistance which on this Daily Chart is one in the same.
In Short Supply

In Short Supply

Great chart from Bespoke More: This morning’s ISM Non-Manufacturing report for the month of February was impressive at the headline level despite growing concerns over the impact of the Covid-19 virus. One aspect of the report where the outbreak is starting to...