Last time we reviewed the fundamental and technical bear case for stocks. Today, we look at a few technical indicators that has us convinced that the current advance is just another bear market rally that appears to be at or very near a top. Be prepared for a third wave decline at three degrees of trend in the hours/days immediately ahead.
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Joe Rabil discusses the improvement he is seeing based on his bottom-up reviews. He has identified a number of patterns that are looking attractive and highlights a few of them here. He explains how we want to look for stocks bucking the SPX trend and running independent of the market.
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There are some signs of life in the stock market. Larry brings 5 promising charts that are setup for the New Year! Let's keep our fingers crossed.
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It's a very interesting time in the market right now, starting out optimistic on the year and yet there are still a tremendous amount of headwinds in the area of inflation. To help you navigate those headwinds, Mish introduces you to her 2023 Outlook and gives you 6 trading ideas from Macro to Mi...