UPDATE NO. 486: Relationship between earnings trends and market direction, Rule of 20, Rhine River
20Aug22 $ATD $DOL (TSX)
Dear Friends of Purple Chips,
The Dow is back at 34,000, the same level as 1 1/2 years ago. Expect this fat and flat trading range to continue. In this video, we look at the following:
The relationship between earnings trends and market direction;
Discuss the Rule of 20;
The Rhine shipping route;
We look at Alimentation Couche Tard and Dollarama;
Banter between Jim Cramer and the Financial Times.
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