Tyson Foods (TSN) reported their Q1 earnings numbers earlier this Monday morning and the stock gapped higher as they crushed estimates. Let's check out the charts and indicators.
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I remain on a cautious stance and still believe equities have not found a true bottom, but that doesn't mean I'm completely on the sidelines.
Let's check the charts as a window into the possible future of commodity prices.
It officially changed from concern over inflation and interest rates to fear of recession, which is causing a change in where traders position themselves.
This is a skeptical and uncertain market and it is going to take time for fear of missing out to gain traction.