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Starbucks Sinking

Starbucks Sinking

Shares of Starbucks are trading at new September lows on what will be the heaviest volume in a month.  We expect more downside in the near term.  A dip down to the $110-$109 area appears likely.  This key zone includes the stock’s upward sloping 200D moving...
“Model for the Country”

“Model for the Country”

From the desk of IM/@ianmSC:  Vermont lifted its mask mandate over two weeks ago and unsurprisingly absolutely nothing’s happened. Just like everywhere else. What’s also fun about this chart is that after Fauci called the state a “model” for the country on...
Disney Update

Disney Update

Disney is setting up well for a fresh rally leg.  Solid footing is in place near $168(Feb/Mar lows).  The stock is far from overbought(daily MACD=neutral).  A close above $181.00 would violate a key overhead trend line that links the March/May highs and would also...
The Best Start

The Best Start

But, choppiness ahead?  From the desk of Ryan Detrick:  “This bull market continues to hold up much better than the two previous best starts to a bull market ever.  Still, this is the part of the bull market that tends to see choppy action after huge first year...