Did Retail Stocks and Warren Buffett Save the Market From a Bigger Decline?

“For those playing along, the number is 73.50- write it on a post and paste it to your computer screen.”Plus, I have been keen on the “vanity” trade, of which Ulta fits right in.This is a great time to reexamine the Economic Modern Family and their weekly charts.

Note that the Ulta Daily chart also rallied right into resistance. Hence, that stock needs to clear both the 50-DMA and the July 6-month calendar range low .Biotechnology IBB Now, the 50-WMA must hold up. And, before anyone gets too excited about a huge economic growth spurt, there is a long way for IYT to go to get anywhere near its 2024 highs!KRE is stuck between the 2 weekly moving averages. The best takeaway in this sector is that all it needs to do is hold up over the 50-WMA. Any break would be a warning that something is up in the banking area.

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