Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
Food for thought...
1) Aging population is big problem in USA. (How does one resolve this problem?)
2) Productivity...this angers people but, what is the cost of payroll versus productivity? Work ethics have changed. (This is a touchy subject!) Put another way, if there is less productivity per employee, this creates problems for corporations and stock prices. Hence, layoffs come in handy.
3) Payroll is the #1 inflationary pressure for businesses when it is hard to find talent.
4) Presently, we are overemployed as businesses cannot find qualified workers. Layoffs are necessary to mix it up a bit!
Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
It's the very first touch of EMA20 in 2+ hours so could attract some sellers.
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Watching buyers and sellers duke it out on this very fast chart. $.05 level.
This is the super short term range at the bottom of the larger trading range previously shown.
Need more fear/volume to move lower.
Attachments
Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.