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Cory’s Chart Corner
Daily Archives: July 21, 2022
Bottoming is a process
From the June 17th low to yesterday, the 50 most shorted stocks (in blue below courtesy of DailyShot.com) surged 20% and helped to pull broad stock indices higher (S&P 500 in black gained 7.76%) as speculators covered their bets to … Continue reading
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Easy money has cost a ton
For three decades, the theory was that ultra-low interest rates allow borrowers to save on interest costs. In reality, low rates prompt most to borrow more and go deeper into debt. Last year, Bank of Canada (BoC) research acknowledged that … Continue reading
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