Article
What Could Break The Bull Market This Summer
What Could Break The Bull Market This Summer
Authored by Lance Roberts via RealInvestmentAdvice.com,
Key Takeaways
After nine straight up weeks, the bull market pullback we flagged finally arrived, and it stopped cold at the 50-day moving average.
The selloff reset an overbought tape without breaking trend. RSI fell from above 70 to the low 40s, and Thursday’s bounce came on broad participation.
Our Money Flow Breadth Ratio ticked up to 60%, back in buy territory, and we’re holding equity exposure at 100%.
The bigger risks haven’t gone anywhere: record margin debt, fading retail demand,...
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Virginia Democrats Ask US Supreme Court To Reinstate Congressional Map
Virginia Democrats Ask US Supreme Court To Reinstate Congressional Map
Authored by Bryan Hyde via American Greatness,
Virginia Democrats, along with their state Attorney General, have asked the US Supreme Court to override the Virginia Supreme Court’s decision last week that struck down a partisan redistricting plan.
ABC News reports Virginia Attorney General Jay Jones wrote in the emergency application filed on Monday that the Virginia Supreme Court was “deeply mistaken” when it invalidated a ballot measure to amend the state constitution that would have netted Democrats as many as four new congressional...
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