Historically, nothing has been more effective at beating the market down than my sharing some ideas about actually going long some stocks. Here are some nice-looking patterns:
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Historically, nothing has been more effective at beating the market down than my sharing some ideas about actually going long some stocks. Here are some nice-looking patterns:
In spite of a couple of bullish bases formed, Beyond Meat (BYND) just can’t seem to pull it together. It has been grinding lower pretty much since its IPO and hasn’t caught fire. (It just so happens to be up today – – I took this screen shot yesterday – – but the downtrend is irrefutable).
(more…)Tesla got down to about $189 yesterday morning before the George Soros Loves TSLA news came out, which rocketed it higher. There was more good news for the company in the form of the Biden administration announcing a plan to make all their superchargers compatible with all EVs, and to pay for the cost of the conversion. The company matched its $214 peak (well, strictly speaking, a couple pennies shy of that) from last week. Let’s see if that Fibonacci holds again!
Core Retail Sales (huge beat)
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