
STOCK RALLY ATTEMPT DAMPENED BY BIDEN BAN, NICKEL SPIKES 250%
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Rally Attempt Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: There was significant buying in stocks in the pre market. Selling came in on the news that Biden will announce a ban on Russian oil at 10:45 am ET. The chart shows that so far the stock market has managed to stay above the low of the Russian attack news. This is a positive. The chart shows that RSI is diverging.






