AMZN – The Cheap Investor

Mr. Powell Goes to Washington, FedEx Earnings on Tap

The Cheap Investor4 years ago08 mins

Market Recap Markets endured its worst week since March of 2020. The move comes as we exit the artificial world of predictable massive liquidity injections. The S&P tumbled -5.8%, while the Dow and Nasdaq both declined -4.8%. The Dow fell below the 30,000-psyche level for the first time since January of 2021. Small caps were…

Oversold Candidates to Watch Post-Fed

The Cheap Investor4 years ago05 mins

Markets are under significant selling pressure. The Nasdaq entered bear market territory following its April swoon. Sentiment remains negative as evident by the sub-40 Relative Strength Index (RSI) readings in the QQQs and SPY. This decline sets up the potential for a bear market rally. These are rallies that are sparked by short-covering and fast…