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SPY Building Support at $524.20
SPY has been building support at the green trendline around $524.20. This trendline has flipped from a resistance level into a support level, and SPY could start to rally to the upper range of the white channel around $540. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreThe Power of Dividend Stocks
Over the last century, the stock market has stood on a pedestal above all other asset classes, as while investing in Treasury bonds, housing, and commodities like gold, and oil can increase your nominal wealth, none of these other asset classes has come anywhere close to the average annual returns that stocks have delivered over […]Read More
NVAX Outperforming Other Small Caps
NVAX has shown a lot of bullish momentum, and the NVAX chart relative to the Russell 2000 index (IWM) reveals that NVAX is outperforming small caps. There is still a lot more room for upside over the next few months. I think the stock market is likely to experience a downtrend between August-October and I […]Read More