ORIONS Money Stocks

[Monksdream]

Covid still with us. Now monkeypox. Inflation may subside a bit but the consensus says the world will have to cope with it longer than it cares. Supply chains still disrupted. Putin still wants to destroy Ukraine until there is nothing left. The Chinese continue to steal intellectual property. The Artic glaciers are melting four times faster than the climate scientists first thought.

And the US stock markets remain in bullish mode. 142 new highs versus 31 new lows.
The change in issues trading above key moving averages has been dramatic in the past month of trading days. Just look

5 day - 72 percent versus 25 percent a month ago
20 day - 80 percent versus 40 percent a month ago
50 day - 78 percent versus 31 percent a month ago
100 day - 59 percent versus 21 percent a month ago
150 day - 47 percent versus 18 percent a month ago
200 day - 38 percent versus 17 percent a month ago

Another 1458 companies will report earnings results between today to Aug 16, a Tuesday