Thought I would toss a comparison chart up of the most traded and discussed Rare Earth stocks. First thing that jumps out to me is the extremes – we just saw an AVL breakout and and total lack of participation from REE. Why have prices gone through the roof over the last week? …
Here is a look at the market indexes. The overall price pattern is bullish. We do have some divergences that are showing up. Typically those can me ominous but we’ve seen them in the past 6 months to no avail. So be wary of them but follow price first.
Hey, Team! After a V shaped bull run, we’re not at the end of the month and a little over extended in the energy sector, which carried us here. I will not call the top here, but I remain a little cautious. On the positive side, there were a lot of stocks showing strength either …
Ok – let’s keep this as simple as possible. The market is never 100% predictable. Anyone who thinks they know where the market is going is either superhuman, or delusional. Remember, we’re not in the cockpit of this airplane, we’re passengers. And as a passenger, we can choose to fight the pilot, hang our heads …
Here you guys. Constructive week overall. Saw 2.7% gain in the sp-500 . A 3.67% gain in the Russell 2000 . A 3.76% gain in the Nasdaq. Nice action for sure.
IBD50 Watch Part 2