ClearValue Team Insights
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NASDAQ and S&P Turn Red Despite Strong July CPI Numbers
July CPI comes in better than expected, and is below 3% for the first time since March 2021. The markets are preparing for rate cuts in September. Yesterday I warned that there could be a selloff after the July CPI announcement. We saw a similar trend last month where the markets rallied ahead of the […]Read More
BROS Swing Trade Setup
BROS has been trading within this range, and has recently dropped to my buy level at the green trendline. I think the current price is a great buy around $29.10. I have the red resistance line as a key sell target around $47.50. Entry price: $29.10 – $29.50 Exit price: Red resistance line, estimated target […]Read More
Bullish Daily Gap Higher for NASDAQ and S&P
This morning we received some pretty good inflation data. There’s still more data that will be released tomorrow morning. The stock market is having a bullish reaction to today’s PPI data. There is a bullish daily gap higher for the NASDAQ and S&P. More inflation data will be released tomorrow, but today’s strong inflation data […]Read More