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Skyrocketing Money Supply=Runaway Inflation

Skyrocketing Money Supply=Runaway Inflation

US Price increases over last year (CPI report): Used Cars: +41%   Gasoline: +38.0%   Gas Utilities: +23.8%   Meats/Fish/Eggs: +13.0%   New Cars: +12.4%   Electricity: +9.0%   Food at home: +8.6%   Overall CPI: +7.9%   Food away from home: +6.8%   Apparel: +6.6% ...
Twitter Update

Twitter Update

At last month’s lows shares of Twitter were down just over 60% from 2021 all time highs(Feb. 2021).   Since the nasty spike high back on November 29th(Dorsey news:  Twitter CEO Jack Dorsey steps down, CTO Parag Agrawal tapped to replace him [Video] (aol.com))...
Looking at Lululemon

Looking at Lululemon

At last week’s low shares of LULU had dropped over 40% from their all time highs set back in November of ’21.  This steep decline drove the stock into deeply oversold territory.  At last month’s lows LULU’s weekly MACD indicator was far...
Nike Update

Nike Update

Shares of Nike are trading at new 2022 lows as the new week begins.  The stock is extending its drop from the November 2021 highs to 23%.  For 2022 NKE is off 18%.  We expect the stock to reach a key support zone soon.  Back on June 25th of last year NKE exploded to...