Thursday, May 23, 2019 2:25 PM EDT
Weekly Charts Update
Each week we highlight charts below of the SP500, Russell 2000, NASDAQ Composite, UUP, EEM, TLT, HYG,LQD and recently GLD. The charts use the 50 day moving average slope indicator. When it is green we like the instrument we are tracking and when it is red we avoid the name/sector/asset class. Gold is at risk. More...
Futures Lower This Morning
Futures on the S&P 500 lower by 25 points with fair value is flat. More...
Today's Superstock Investor Stock Scorecard:
Intel Corporation (INTC)
Monday morning we found out several chip companies were not going to supply chips to Huawei. Last up on our review is Intel (INTC) which has fallen from $59.51 in April to $44. Quite a drop in a short period of time. More...