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Utes Are Overdone

Utes Are Overdone

The XLU(SPDR Select Sector Utilities ETF) continues to trade near all time highs.  At last week’s peak the index was up over 20% from the Feb. 2022 lows.  This powerful move has driven XLU into extremely overbought territory.  Both the daily and weekly MACD...
Show Me Again How Masks Work

Show Me Again How Masks Work

Excellent stuff from Dr. Megan Martin:  This a comparison of counties with and without mask mandates. It may make people “feel” better to “do something” but unfortunately that something is not a mask mandate.  Would love to see focus turn to...
Charles River Update

Charles River Update

Charles River Labs has been tracing out an ugly bear channel since last October.  During this phase the stock dropped over 45% by the early March lows.  CRL has bounced back since and is now beginning to pierce the upper trendline of the channel.  This key boundry...