The Fed's announcement on average inflation targeting
The Fed's announcement on average inflation targeting has some worrying about interest rates, but Commonwealth CIO Brad McMillan has a different take.
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2 Attachment(s)
Sell Short Cisco And Marathon Petroleum
Attachment 40501
Cisco -
Quote:
All seven sell signals in the last year have been successful. The $36-$37 area is a likely objective. September has been the second weakest month of any year for Cisco. It is followed by its two strongest months of the year, October, and November. Close any short positions at the end of this month.
Attachment 40502
Marathon Petroleum -
Quote:
Eleven of thirteen sell signals have been profitable in the last year. The weekly cycle is also falling. Note that September has been the weakest month in which to hold this stock, down in seven of the last ten years. The coming week has been especially bearish, rising only 22% of the time. The stock is likely to fall closer to $4 area. Relative strength has been falling since May of 2018.
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Developers: Google, Siri, Alexa Are An Abstraction Layer Over Your Apps
In the stone ages of mobile a couple of years ago, you actually had to tap on an app icon and open an app in order to access its functionality.
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1 Attachment(s)
Oil Rebounds Above $50 For The First Time In Months
Attachment 41423
Traders are optimistic, but the oil market isn’t out of the woods yet.
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Gamestop (The Screenplay)
The Gamestop bubble would be little more than a footnote in market history — but for the strange inspiration it has given to the story-spinners out there. Hollywood is on it. At least 3 simplifying narratives are competing to become the “explanation” which will cement itself in the public memory.
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Fed Minutes Signal Policy To Remain Unchanged
Minutes from the Federal Reserve's latest monetary policy meeting did not do much to change the view that the central bank is likely to leave policy unchanged for the foreseeable future.
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The Federal Reserve’s Easy Money Policy Is Becoming Irrelevant
It is time to plan and act for the changes coming
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Why Elon Musk Will Be A ‘Trillion Dollar Man’
Money manager Ron Baron has been delivering stellar returns thanks to one of the biggest holdings in Tesla. Here’s why he thinks Musk’s SpaceX will be even bigger.
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U.S. Economic Growth Is Peaking
Goldman expects the S&P will climb just 4% higher by year's end.
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