As China continues to battle coronavirus outbreaks with draconian lockdowns, industrial production in the country has been hit by the measures. For the second month in a row, both the Caixin Manufacturing Purchasing Managers Index and the Manufacturing…
Dragged down by tech heavyweights Amazon and Apple, the S&P 500 slid into correction territory on Friday – for the second time in 2022. The capitalization-weighted index dropped 3.6 percent on the last trading day of April, as Amazon and Apple lost 14 …
A brutal Friday sell-off led by tech blue chips marked the fitting end to a terrible April for stock markets. The Nasdaq Composite Index dropped 4.2 percent on Friday, bringing its April losses to 13.3 percent – the worst monthly performance since Octo…
Last week’s daily screens were surprisingly neutral for the week as a whole. The final score for the week was 114 Buys to 118 Sells.…
The wave pattern has reached the classic 16th wave, so well described by TS Eliot.
In Hurstian terms we see clear on the two hour bars, the 3 day cycle which sometimes combines into a sonnet of six, but then returns to the rhythm of the night.
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GM has received over 65,000 preorders for its upcoming Hummer EV. See how this compares to the brand’s previous sales in one infographic.
The post Timeline: The Rise, Fall, and Return of the Hummer appeared first on Visual Capitalist.
Downtrend channels are steepening as liquidity dries up, and wave amplitude increases. It is violent, and could be increasingly so to the xxxxxxxxx xxxx xxxx…
We are all prone to believing the recent past is a reliable guide to the future. But in times of dynamic reversals, the past is an anchor thwarting our progress, not a forecast.
This might be Tim’s best ever.
Regarding this Jim-Cramer-recommended piece of garbage……….. Here is an infographic with more detail (click for a screen-filling version). I think it’s got another 20-25% more to go before it hits a buy point.