The charts on the SMH semiconductor ETF are starting to look quite dicey, so this week should be very important for this key leadership group.
Buckle Up, the Fed has Confirmed that We're Headed for a Recession.
Nov 5, 2022
Matt Maley
Total 69 Posts
The Chinese government is stuck between a rock and a hard place...and it could/should have important implications for global growth and global stock markets.
The S&P 500, the NDX 100, the DJ Transports, gold, natural gas, the dollar...all stand at key technical junctures. Next week should be a very important one.
Amazon, Federal Express, and Apple should tell us a lot about the state of the consumer over the next two weeks. That, in turn, will tell us a lot about the economy as we move into 2023.
We heard another example this weekend...this time from a college professor...that showed how too many people don't understand the full extent of what will take place in the economy/markets as stimulus is removed.