Update: PMO BUY SPX 78% (recent) Accuracy

Since our first post on February 14, the “PMO Buy SPX” indicator (above) has deteriorated from 83 to 57 and the “PMO Buy ALL” indicator has deteriorated from 100 to 87 (Click for “PMO Buy ALL” Chart).  See our original posts here:

Update: PMO BUY SPX 78% (recent) Accuracy

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Be in the know. 10 key reads for Tuesday…

  1. Hayman Capital’s Kyle Bass predicts US interest rates will head back to zero in 2020 (CNBC)
  2. Salesforce: Gravity Still Applies (Wall Street Journal)
  3. China just slashed its target for economic growth (Business Insider)
  4. Why 3 Major Energy Companies Should Be Huge LNG Winners (24/7 Wall Street)
  5. Trump scraps trade privilege for India; Delhi plays down impact (Reuters)
  6. China to slash taxes, boost lending to prop up slowing economy (Reuters)
  7. The Netflix of China Might Just Be Wishful Thinking (Barron’s)
  8. At 21, Kylie Jenner Becomes The Youngest Self-Made Billionaire Ever (Forbes)
  9. Look “under the hood” of Hedge Fund “Trade Tips”® service with our new (short) webinar (YouTube)
  10. At $12.5 Million This Bugatti Is the Most Expensive New Car Ever (Bloomberg)

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Insider Buying

On March 1, 2019, Steven Gray – Director of Range Resources Corp. – (RRC) – purchased 20,000 shares of RRC at ~$10.95. His out of pocket cost was $218,924.

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