Granny Retail, A Big Barometer
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It was a great day to sit down and talk to Dale Pinkert of FACE Live Market Analysis & Interviews.
And we covered a lot of ground.
- BoE interest rate cut
- Inflation, Recession or Stagflation
- Commodities-grains, metals, industrial metals
- The “inside” sector of the US economy
- Retail a very big tell
- Long Bonds-risk on or off-now more neutral
- Emerging Markets
- Stock Picks
Video Length: 00:30:57
ETF Summary
S&P 500 (SPY) 440 pivotal with potential reversal-has to break under 434
Russell 2000 (IWM) 180-190 stuck
Dow (DIA) 34,000 in the Dow now pivotal
Nasdaq (QQQ) 360 support
Regional banks (KRE) Becoming more or a concern if this breaks under 40
Semiconductors (SMH) 150 pivotal
Transportation (IYT) 238 area the 23-month moving average
Biotechnology (IBB) 121-135 range
Retail (XRT) 62 support and if clears back over 63, optimism returns
More By This Author:
Fed’s Victory Lap And Next Steps For The Market
A Foray Into Currency Pairs
It’s Not Just About Small Caps - Look Here Too