Granny Retail, A Big Barometer

(Click on image to enlarge)

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.

  1. BoE interest rate cut
  2. Inflation, Recession or Stagflation
  3. Commodities-grains, metals, industrial metals
  4. The “inside” sector of the US economy
  5. Retail a very big tell
  6. Long Bonds-risk on or off-now more neutral
  7. Emerging Markets
  8. 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 (DIA34,000 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

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with