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Stock Market Video Update - Stock Market Forecast For JuneI believe, and I have believed for months, that June is an exceptionally important month for the stock market; and for the U.S. economy. Big money is made or lost at key pivotal transition moments in the market, and the month of June may very well be a huge transitional opportunity, or risk, depending on […]Read More »
Powell: RATES MAY NOT NEED TO RISE AS HIGH GIVEN CREDIT STRESS11:23 p.m. ET The Dollar dropped sharply as did yields on this comment. Stocks were coming down before that, but this should lend support, at least until the next comment. U.S. Dollar Index (1m) dropping on Powell’s comment DOVISH. 2-year UST futures (1m) jumping on the comment. I’m not sure where the 2-year yield was […]Read More »
Some Revealing Intraday Price Action In The AveragesI’m reposting a few screen grabs of intraday market updates for subscribers from earlier today. The same concepts that applied to today’s intraday price action, apply to daily or weekly charts, they apply to stocks, Bitcoin, currencies, commodities, basically anything that trades. If you understand the concept, you can apply it virtually in any kind […]Read More »
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