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Welcome to Royal Fade! You have arrived to the most culturally relevant education podcast in the world. The Royal Fade Podcast is barbershop talk for educators offering a blend of black culture, leadership philosophy and social justice. The Royal Fade Podcast is hosted by Jimmy Brown and Bobby Humes.
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The Nasdaq composite pared a 1.2% intraday gain to xx by the close as sellers maintained the upper hand. The S&P 500 extended its losing streak to three sessions and closed below its 50-day line. JPMorgan and Alamos Gold are pulling back in constructive fashion, while biotech Argenx broke out powerfully.…
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The JOLTS survey revealed a cooling job market ahead of Friday’s employment report. The new data also raised the odds of a 50–basis-point rate cut by the Federal Reserve at the late-September meeting. MakeMyTrip reclaimed its 50-day with conviction after Tuesday’s selloff; Tyler Technologies is building a new base; DaVita is holding in a buy zone.…
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The stock market rally sold off after the long holiday. The S&P 500, in a new power trend and on the cusp of a new high, retreated to its 21-day line. The Nasdaq tumbled below its 50-day and 21-day lines, with Nvidia selling off. Freshpet moved back into a buy zone, but slashed gains. CyberArk fell, but held up relatively well.…
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The stock market rally finished a mixed week with the Nasdaq retreating but trying to regain a key level. The S&P 500 has entered a power trend, a bullish sign for the market rally but not necessarily a buy signal. Broadcom is setting up with earnings on tap. Comfort Systems and NextEra Energy are near buy points.…
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The Nasdaq composite reversed lower after rising 1.3% intraday. Despite the selling, breadth was positive on both exchanges: Less than 2 to 1 positive on the Nasdaq and nearly 3 to 1 positive on the NYSE. ServiceNow and GE Aerospace tried to clear buy points; Wingstop is building a new base.Oleh Investor's Business Daily
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The Nasdaq composite closed below its 50-day moving average, and the S&P 500 marked its first distribution day since the Aug. 13 follow-through day. Declining stocks beat advancers by more than 2 to 1 on the Nasdaq. The ratio was less than 2 to 1 negative on the NYSE. Palantir is pulling back in light volume after an earnings rally; TransDigm is ba…
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The major indexes had another quiet session as investors choose not to make any big new moves ahead of Nvidia earnings. Nvidia is setting up though. Meanwhile, two recent new issues, GE Vernova and Ardent Health, flashed buy signals Tuesday, at least intraday.Oleh Investor's Business Daily
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The Dow Jones industrial average hit a new all-time high intraday but the power didn’t last. The Dow and Russell 2000 fared the best but weakness in technology dragged down the Nasdaq composite and S&P 500. Still, the pause here isn’t necessarily a bad thing. Sprouts Farmers Market showed a nice pop above 100 after consolidating gains from its last…
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The Nasdaq came down to its 50-day moving average Thursday ahead of Jerome Powell’s speech Friday morning in Jackson Hole. Traders are still leaning toward 100 basis points in rate cuts over the next three Fed meetings. On Holding fell in light volume after Wednesday’s breakout attempt; PDD is a rare bright spot in China; DoorDash is setting up in …
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Breadth was solid again with winners beating losers on the Nasda by about 2 to 1. The ratio was nearly 3 to 1 positive on the NYSE. Annual nonfarm payrolls were revised lower by 818,000, but the stock market took the news in stride. Procept soared after the company received FDA clearance for a next-generation surgical robot; Applovin is near the to…
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The major indexes retreated modestly after several big gains, a well-deserved break after several strong gains. A pause also makes sense with Fed chief Powell’s big speech and Nvidia earnings coming up. Palo Alto Networks and Netflix flashed buy signals while Meta is trading just below a buy point.Oleh Investor's Business Daily
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Indexes tacked on more gains to last week’s stellar returns. All 11 sectors of the S&P 500 were up and tech is back in the lead. Coupang cleared an early entry at 23 and is on its way to a 52-week high. Spotify had a milder, but still strong move from a tight area and Apple is on the threshold of a buy point.…
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Indexes are trying to make progress but so far the positives haven’t been enough to counterbalance the negatives of last week. Nvidia had a strong day for the 21-day line will be an important hurdle for it to conquer. By contrast, Vista Energy took the upside reversal from yesterday and built on it with unwavering power. Meanwhile, Curtiss-Wright s…
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