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Author: Jeff Pierce

Damage Control on the Jobs Data

Census Hiring and Reporting Methods Minimize April Unemployment By Don MillerAssociate EditorMoney Morning   Employers cut 539,000 jobs in April, the lowest total in six months, but the Labor Department said the...

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New Strategy – Ascent

I’ve been playing around with a new scan that I call “Ascent” that focuses on stocks that have been beat down so badly, but lately there has been large spikes of volume, potentially indicating...

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Commodities Popping

Both oil and ags have broken out of major areas of resistance. Given that gold is starting to move as well, this is a good confirming indicator that commodities could be a good area to focus your attention on going forward. To...

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Sector Review

clipped from www.agorafinancial.com ? The resurgence in S&P 500 is being driven by only three sectors: Consumer discretionary, materials and tech. See for yourself.  

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Bullish Behaviour

Few observations providing evidence of further rally. It would be nice if this market does pullback, providing a good buying opportunity, but since so many people are expecting that, I doubt it’s going to occur. Breakout...

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TKTM – Stock to Watch

Ticketmaster had a breakout on it’s weekly chart above previous highs at 7.22 this week. It’s also has overcome previous resistance on the volume by price bars with little in the way of preventing this from seeing...

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New Highs/New Lows

Interesting chart that can be interpreted one of two ways. Either it’s very bullish that we are nowhere near overbought levels when you compare the previous bullish time frames as we are barely making any new highs, and we...

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