Month: August 2022

Big test looming for the S&P here as price runs into:1. trendline from ATH2. 3 ATRs above the mean3. 200

Remember, the E in P/E can always go lower, and often does during recessions. pic.twitter.com/Q3dIpmyDij — Markets & Mayhem (@Mayhem4Markets)

A dollar and a dream. The U.S. dollar is up on the better than expected July #jobs report. With the

More than 90% of S&P 500 components are above their 50-dma. Historically, it suggests that the bottom is likely in.