Trump's $200 billion mortgage-bond policy aims to lower rates, but new tariff risks are pushing yields higher. See how this directive impacts housing stocks.
Break out, advance, consolidate. Break out, advance, consolidate. Rinse and repeat. That is the classic behavior of a multi-year bull market. Prices move into new, higher territory (the breakout), the trend rallies and makes the longs a lot of money (advancement), and then the trend takes a breather, moves sideways, and digests the gains (consolidate).
This morning’s review of our Global Trend Tracker shows it’s been tough to make money in most sectors lately. Semiconductors, robotics, oil, bitcoin, uranium, space, drones, and China are all down over the past five trading sessions.