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Mastercard Moving Well

Mastercard Moving Well

Shares of Mastercard have been hemmed in by its 50D moving average since early May.  With today’s 2.2% gain the stock is beginning to put some distance on this key indicator.  MA is setting up well for a retest of the 2021/ATH’s($401.50). Tidbits:  MA is...
They Don’t Work

They Don’t Work

“Here’s the CDC age adjusted Covid mortality rates, with the national average highlighted, along with every state that never had a statewide mask mandate.  7 of the 11 states that never mandated masks rank BELOW average.” BECAUSE MASKS DO NOT WORK. Hat tip...
Costco Cruising

Costco Cruising

Costco has been trading in a narrow consolidation(bull pennant) since the beginning of May.  This healthy action followed a 30% rally off the March ’21 lows.  The Wednesday low(this week’s low) held the 50D moving average quite nicely=solid footing in...
Wal-Mart Weakens

Wal-Mart Weakens

Shares of Wal-Mart have reached fresh June lows today.  At mid day the stock is off just over 1% as it begins to pierce a key trend line that links the March/May lows.  This breakdown type action will likely drive WMT lower in the near term.  Initial support is the...