Is there a foundation for a rally?
The current market correction/consolidation phase continues.
Cybersecurity firm CrowdStrike got a new 'Buy' rating from a big firm, but my charts tell a different story.
The charts are looking vulnerable.
When incoming data convince the Fed to no longer see the need for further hikes, we expect multiple markets to reprice. We're removing our tactical OW of regional banks.
The shares of the biopharmaceutical company appear to have broken out to the upside.
The charts of the farm equipment giant suggest its stock could head downward significantly in the weeks ahead.
These names offer income investors safe dividends, even in a recession, along with their high yields.
Let's see how convincing the charts look.
Let's check on the charts and indicators.