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Author Archives: macromon
COTD: Laughing All The Way To The Bank
COTD = Chart of the Day Stand-up comedy grosses have nearly tripled over the last decade, climbing to more than $900 million last year, according to Pollstar. – Bloomberg
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Protesting is the ‘New Sex’ – Professor Galloway
Don’t let the title scare you off; this is a must-view. Money Quote (be sure to view the video for context): Free speech is never freer when it’s hate speech directed at Jews. – Prof Galloway Click here to view … Continue reading
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COTD: Mag 7 Converging
COTD – Chart of the Day While the cohort of seven megacaps has done well in the last two years because of their superior earnings-per-share growth relative to the broader market, this advantage could decrease in 2024 and even more … Continue reading
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S&P 500 Key Levels
The cash S&P 500 has regained 37.6 percent of its 311.28-point decline from the high on April 1st. The index closed today slightly below a critical 0.382 Fibonacci retracement level. If the futures maintain their bump in after-hours, a reaction … Continue reading
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S&P500 – Will the 20-week MA hold after six straight down days?
The S&P 500 closed precisely at its 20-week moving average following six consecutive days of declines. It is noteworthy that the index briefly dipped below its 20-week moving average during after-hours trading early on Friday, but rebounded as the Israeli-Iranian … Continue reading
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