Back To Reality

PUBLISHED Jun 11, 2022, 11:54:06 PM        SHARE

imgTom Hamilton

June 10, 2022 – At the beginning of this week it appeared that a bottom might be in and a strong rally was underway, but . . . inflation data came out, retailers were reporting that their inventories were up 30 to 40%, consumer confidence continued to be low and *(of course) *gas prices crept even higher. That was it, two days of big drops. I was thinking that we were in-line for a pullback because of the low volume (a.k.a. low commitment) at the higher price levels and besides, nothing has materially changed either.

So what’s next? I’m thinking lower prices early in the week, then a recovery. The strength of that recovery will be telling. But since the FED is meeting next week, and will put out a news release on Wednesday afternoon, not much will happen until late in the week. The market is expecting two more (at least) ½% increases this year. How Powell phrases ANY activity after the meeting will be an important factor on how the market reacts with anticipation. Does he sound dovish or hawkish and to what degree, that is the question. Then we need to evaluate how the market reacts and just how committed it appears. Is volume increasing? Is everything being affected or only a handful of sectors? The bottom line is: Is this market ready to rally?

Looking at the Short Term Sector Strength table we see the Energy complex and China showing the most strength. I’ve added a small China position to my Energy & general commodities holdings but still have Cash to deploy IF & When that’s appropriate. And when it’s time to take a position, scale into it. Nobody gives you “extra points” for jumping in with both feet. Have a good week. …………… Tom ………….

Price chart by MetaStock; & table by Used with permission.

I/we have a position in an asset mentioned

Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads

During the pandemic, Zoom experienced fast accelerated growth with spectacular earnings. Its stock traded at among the highest prices in the market. Today, pre-pandemic cultures have resumed, and the video communications growth has slowed down. Is its stock still a buy?


On May 25, 2022, Nvidia Corporation reported its first quarter fiscal 2023 earnings. The results beat stock analysts speculations especially based on the last quarter’s outlook.

Is Astra Space Inc Still a Buy After Their SpaceTech Day?

Astra's SpaceTech day shed light on Astra's significant strides into space. But is it enough to invest in the company?

Is Astra Space Inc. (ASTR) a Buy Right Now?

Astra Space Inc. is a space stock that could potentially be a big player as the space industry matures. But with the market falling, is it a good stock to consider right now?

Lockheed Martin is a Great Dividend and Space Stock

Lockheed Martin has a dividend yield of 2.5% as of Q2 2022. Let's discuss how LMT has kept a healthy dividend as a leader in space and military technologies.

Is Roblox Still a Buy in Q2 2022?

Is Roblox (RBLX) still a buy, a hold, or a sell? Let's take a look at Q1 2022 to see what's changed for Roblox.

F45 vs CrossFit

Attached is an article excepted from Pretty Brave Fitness, a group training organization for girls, on the differences between F45 and CrossFit. It focuses on which program could be best for women/girls but the information can be useful to men as well (i.e. cardio vs strength training) to determine the best option for your fitness goals.

TL;DR GameStop recent Earnings Results

Now that the dust has settled, how is our favorite meme stock doing?

The Cryptocurrency You Should Hold Forever

These are the coins you should keep forever and the reasons why they are innovative

Resources for Publishers
Resources for New Investors
Boosted with BossCoin
Financial Literacy Leaders
Tom Hamilton
Wise Intelligent
Mark Robertson
Kevin Matthews II
Akeiva Ellis
Brendan Dale
Kenneth Chavis IV
Sharita Humphrey