www.valuewalk.com Open in urlscan Pro
2606:4700::6810:5e60  Public Scan

Submitted URL: https://click.convertkit-mail3.com/zluql623d2inh44e5l0bp/9qhzhdugrgo9ezuz/aHR0cHM6Ly93d3cudmFsdWV3YWxrLmNvbS90aGlzLXN0aWxsLWlzbnQtY...
Effective URL: https://www.valuewalk.com/this-still-isnt-a-buyable-bottom-for-stocks/?ck_subscriber_id=1745678006&utm_source=convertkit&u...
Submission: On June 22 via api from US — Scanned from DE

Form analysis 8 forms found in the DOM

GET https://www.valuewalk.com/

<form method="get" class="td-search-form" action="https://www.valuewalk.com/">
  <div class="td-search-close">
    <a href="#"><i class="td-icon-close-mobile"></i></a>
  </div>
  <div role="search" class="td-search-input">
    <span>Search</span>
    <input id="td-header-search-mob" type="text" value="" name="s" autocomplete="off">
  </div>
</form>

POST #

<form id="loginForm" action="#" method="post">
  <div class="td-login-inputs"><input class="td-login-input" autocomplete="username" type="text" name="login_email" id="login_email" value="" required=""><label for="login_email">your username</label></div>
  <div class="td-login-inputs"><input class="td-login-input" autocomplete="current-password" type="password" name="login_pass" id="login_pass" value="" required=""><label for="login_pass">your password</label></div>
  <input type="button" name="login_button" id="login_button" class="wpb_button btn td-login-button" value="Login">
</form>

POST #

<form id="registerForm" action="#" method="post">
  <div class="td-login-inputs"><input class="td-login-input" type="text" name="register_email" id="register_email" value="" required=""><label for="register_email">your email</label></div>
  <div class="td-login-inputs"><input class="td-login-input" type="text" name="register_user" id="register_user" value="" required=""><label for="register_user">your username</label></div>
  <input type="button" name="register_button" id="register_button" class="wpb_button btn td-login-button" value="Register">
</form>

POST #

<form id="forgotpassForm" action="#" method="post">
  <div class="td-login-inputs"><input class="td-login-input" type="text" name="forgot_email" id="forgot_email" value="" required=""><label for="forgot_email">your email</label></div>
  <input type="button" name="forgot_button" id="forgot_button" class="wpb_button btn td-login-button" value="Send My Password">
</form>

GET https://www.valuewalk.com/

<form method="get" class="td-search-form" action="https://www.valuewalk.com/">
  <div role="search" class="td-head-form-search-wrap">
    <input id="td-header-search" type="text" value="" name="s" autocomplete="off"><input class="wpb_button wpb_btn-inverse btn" type="submit" id="td-header-search-top" value="Search">
  </div>
</form>

Name: mc-embedded-subscribe-formPOST https://valuewalk.us4.list-manage.com/subscribe/post?u=c3eb7a1d092fc854772c834e0&id=f6f5bdb8b5

<form action="https://valuewalk.us4.list-manage.com/subscribe/post?u=c3eb7a1d092fc854772c834e0&amp;id=f6f5bdb8b5" method="post" id="mc-embedded-subscribe-form" name="mc-embedded-subscribe-form" class="validate" target="_blank"
  novalidate="novalidate">
  <div id="mc_embed_signup_scroll">
    <div class="af-element mc-field-group ">
      <div class="af-textWrap c1"><input type="email" value="" placeholder="Email Address" name="EMAIL" class="required af-element email" id="mce-EMAIL" aria-required="true"></div>
      <div class="af-clear"></div>
    </div>
    <div class="af-element buttonContainer">
      <input type="submit" value="Subscribe" name="subscribe" id="mc-embedded-subscribe" class="button">
    </div>
    <div id="mce-responses" class="clear">
      <div class="response" id="mce-error-response" style="display:none"></div>
      <div class="response" id="mce-success-response" style="display:none"></div>
    </div>
    <div style="position: absolute; left: -5000px;" aria-hidden="true"><input type="text" name="b_c3eb7a1d092fc854772c834e0_f6f5bdb8b5" tabindex="-1" value=""></div>
  </div>
</form>

POST https://app.convertkit.com/forms/815792/subscriptions

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  data-options="{&quot;settings&quot;:{&quot;after_subscribe&quot;:{&quot;action&quot;:&quot;message&quot;,&quot;success_message&quot;:&quot;Success! Now check your email to confirm your subscription.&quot;,&quot;redirect_url&quot;:&quot;&quot;},&quot;modal&quot;:{&quot;trigger&quot;:null,&quot;scroll_percentage&quot;:null,&quot;timer&quot;:null,&quot;devices&quot;:null,&quot;show_once_every&quot;:null},&quot;recaptcha&quot;:{&quot;enabled&quot;:false},&quot;return_visitor&quot;:{&quot;action&quot;:&quot;show&quot;,&quot;custom_content&quot;:&quot;&quot;},&quot;slide_in&quot;:{&quot;display_in&quot;:null,&quot;trigger&quot;:null,&quot;scroll_percentage&quot;:null,&quot;timer&quot;:null,&quot;devices&quot;:null,&quot;show_once_every&quot;:null}}}"
  min-width="400 500 600 700 800" style="background-color: rgb(249, 193, 0); border-radius: 4px;padding:40px;">
  <div class="formkit-background" style="opacity: 0.2;"></div>
  <div data-style="minimal">
    <div class="formkit-header" data-element="header" style="color: rgb(0, 0, 0); font-size: 25px; font-weight: 700;">
      <p>Never Miss A Story!</p>
      <div id="vuukle-ad-15">
        <div class="vuukle-ads" style="display: block;height: auto;margin: 0px auto;text-align: center;clear: both; width: 100%; max-width: 100%; overflow: hidden;">
          <div id="div-gpt-ad-1497448474263-15"></div>
          <div class="vuukle-ad-label" style="display: flex; justify-content: space-evenly; align-items: flex-end; flex-basis: 100%; margin: 0px auto; width: 80px; height: 11px; padding: 0px; line-height: 1.1 !important;"><span
              style="display: block;margin: 0px;line-height: 0 !important;padding: 0px;"><a aria-label="Vuukle" href="https://vuukle.com" target="_blank" style="background-color: transparent; box-shadow: none;" rel="noopener nofollow">
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  </svg>
</a></span><span style="display: block;font-size: 10px !important; color: #333333; margin: 0px; text-align: center;flex: 1;padding: 0px;line-height: 1 !important;">Advertisement</span></div>
        </div>
      </div>
    </div>
    <div class="formkit-subheader" data-element="subheader" style="color: rgb(0, 0, 0); font-size: 14px;">
      <p>Subscribe to ValueWalk Newsletter. We respect your privacy.</p>
    </div>
    <ul class="formkit-alert formkit-alert-error" data-element="errors" data-group="alert"></ul>
    <div data-element="fields" data-stacked="true" class="seva-fields formkit-fields">
      <div class="formkit-field"><input class="formkit-input" name="email_address" placeholder="Your email address" required="" type="email" style="border-color: rgb(227, 227, 227); border-radius: 4px; color: rgb(0, 0, 0); font-weight: 400;"></div>
      <div class="formkit-field">
        <fieldset data-group="checkboxes" class="formkit-1958" type="Custom" order="1" save_as="Tag" group="field"></fieldset>
      </div><button data-element="submit" class="formkit-submit formkit-submit" style="background-color: rgb(22, 119, 190); border-radius: 4px; color: rgb(255, 255, 255); font-weight: 400;">
        <div class="formkit-spinner">
          <div></div>
          <div></div>
          <div></div>
        </div><span>Subscribe</span>
      </button>
    </div>
    <div class="formkit-guarantee" data-element="guarantee" style="color: rgb(0, 0, 0); font-size: 13px; font-weight: 400;">We won't send you spam. Unsubscribe at any time.</div>
  </div>
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    .formkit-form[data-uid="d1a720e986"] .formkit-alert {
      background: #f9fafb;
      border: 1px solid #e3e3e3;
      border-radius: 5px;
      -webkit-flex: 1 0 auto;
      -ms-flex: 1 0 auto;
      flex: 1 0 auto;
      list-style: none;
      margin: 25px auto;
      padding: 12px;
      text-align: center;
      width: 100%;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-alert:empty {
      display: none;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-alert-success {
      background: #d3fbeb;
      border-color: #10bf7a;
      color: #0c905c;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-alert-error {
      background: #fde8e2;
      border-color: #f2643b;
      color: #ea4110;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-spinner {
      display: -webkit-box;
      display: -webkit-flex;
      display: -ms-flexbox;
      display: flex;
      height: 0px;
      width: 0px;
      margin: 0 auto;
      position: absolute;
      top: 0;
      left: 0;
      right: 0;
      width: 0px;
      overflow: hidden;
      text-align: center;
      -webkit-transition: all 300ms ease-in-out;
      transition: all 300ms ease-in-out;
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    .formkit-form[data-uid="d1a720e986"] .formkit-spinner>div {
      margin: auto;
      width: 12px;
      height: 12px;
      background-color: #fff;
      opacity: 0.3;
      border-radius: 100%;
      display: inline-block;
      -webkit-animation: formkit-bouncedelay-formkit-form-data-uid-d1a720e986- 1.4s infinite ease-in-out both;
      animation: formkit-bouncedelay-formkit-form-data-uid-d1a720e986- 1.4s infinite ease-in-out both;
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    .formkit-form[data-uid="d1a720e986"] .formkit-spinner>div:nth-child(1) {
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      animation-delay: -0.32s;
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    .formkit-form[data-uid="d1a720e986"] .formkit-spinner>div:nth-child(2) {
      -webkit-animation-delay: -0.16s;
      animation-delay: -0.16s;
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    .formkit-form[data-uid="d1a720e986"] .formkit-submit[data-active] .formkit-spinner {
      opacity: 1;
      height: 100%;
      width: 50px;
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    .formkit-form[data-uid="d1a720e986"] .formkit-submit[data-active] .formkit-spinner~span {
      opacity: 0;
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    .formkit-form[data-uid="d1a720e986"] .formkit-powered-by[data-active="false"] {
      opacity: 0.35;
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    @-webkit-keyframes formkit-bouncedelay-formkit-form-data-uid-d1a720e986- {

      0%,
      80%,
      100% {
        -webkit-transform: scale(0);
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        transform: scale(0);
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      40% {
        -webkit-transform: scale(1);
        -ms-transform: scale(1);
        transform: scale(1);
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    }

    @keyframes formkit-bouncedelay-formkit-form-data-uid-d1a720e986- {

      0%,
      80%,
      100% {
        -webkit-transform: scale(0);
        -ms-transform: scale(0);
        transform: scale(0);
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      40% {
        -webkit-transform: scale(1);
        -ms-transform: scale(1);
        transform: scale(1);
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    }

    .formkit-form[data-uid="d1a720e986"] {
      border: 1px solid #e3e3e3;
      max-width: 700px;
      position: relative;
      overflow: hidden;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-background {
      width: 100%;
      height: 100%;
      position: absolute;
      top: 0;
      left: 0;
      background-size: cover;
      background-position: center;
      opacity: 0.3;
      z-index: 1;
    }

    .formkit-form[data-uid="d1a720e986"] [data-style="minimal"] {
      padding: 20px;
      width: 100%;
      z-index: 2;
      position: relative;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-header {
      margin: 0 0 27px 0;
      text-align: center;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-subheader {
      margin: 18px 0;
      text-align: center;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-guarantee {
      font-size: 13px;
      margin: 10px 0 15px 0;
      text-align: center;
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    .formkit-form[data-uid="d1a720e986"] .formkit-guarantee>p {
      margin: 0;
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    .formkit-form[data-uid="d1a720e986"] .formkit-powered-by {
      color: #7d7d7d;
      display: block;
      font-size: 12px;
      margin: 10px 0 0 0;
      text-align: center;
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    .formkit-form[data-uid="d1a720e986"] .formkit-fields {
      display: -webkit-box;
      display: -webkit-flex;
      display: -ms-flexbox;
      display: flex;
      -webkit-flex-wrap: wrap;
      -ms-flex-wrap: wrap;
      flex-wrap: wrap;
      margin: 25px auto 0 auto;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-field {
      min-width: 220px;
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    .formkit-form[data-uid="d1a720e986"] .formkit-field,
    .formkit-form[data-uid="d1a720e986"] .formkit-submit {
      margin: 0 0 15px 0;
      -webkit-flex: 1 0 100%;
      -ms-flex: 1 0 100%;
      flex: 1 0 100%;
    }

    .formkit-form[data-uid="d1a720e986"][min-width~="600"] [data-style="minimal"] {
      padding: 40px;
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    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] {
      margin-left: -5px;
      margin-right: -5px;
    }

    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] .formkit-field,
    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] .formkit-submit {
      margin: 0 5px 15px 5px;
    }

    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] .formkit-field {
      -webkit-flex: 100 1 auto;
      -ms-flex: 100 1 auto;
      flex: 100 1 auto;
    }

    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] .formkit-submit {
      -webkit-flex: 1 1 auto;
      -ms-flex: 1 1 auto;
      flex: 1 1 auto;
    }
  </style>
</form>

POST https://app.convertkit.com/forms/815792/subscriptions

<form id="footer-popup" class="white-popup mfp-hide seva-form formkit-form" style="background-color: #ffffff; border-radius: 4px;" action="https://app.convertkit.com/forms/815792/subscriptions" method="post" data-sv-form="815792"
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  data-options="{&quot;settings&quot;:{&quot;after_subscribe&quot;:{&quot;action&quot;:&quot;redirect&quot;,&quot;success_message&quot;:&quot;Success! Now check your email to confirm your subscription.&quot;,&quot;redirect_url&quot;:&quot;https://www.valuewalk.com/thank-you/&quot;},&quot;analytics&quot;:{&quot;google&quot;:null,&quot;facebook&quot;:null,&quot;segment&quot;:null,&quot;pinterest&quot;:null},&quot;modal&quot;:{&quot;trigger&quot;:null,&quot;scroll_percentage&quot;:null,&quot;timer&quot;:null,&quot;devices&quot;:null,&quot;show_once_every&quot;:null},&quot;powered_by&quot;:{&quot;show&quot;:false,&quot;url&quot;:&quot;https://convertkit.com?utm_source=dynamic&amp;utm_medium=referral&amp;utm_campaign=poweredby&amp;utm_content=form&quot;},&quot;recaptcha&quot;:{&quot;enabled&quot;:false},&quot;return_visitor&quot;:{&quot;action&quot;:&quot;show&quot;,&quot;custom_content&quot;:&quot;&quot;},&quot;slide_in&quot;:{&quot;display_in&quot;:null,&quot;trigger&quot;:null,&quot;scroll_percentage&quot;:null,&quot;timer&quot;:null,&quot;devices&quot;:null,&quot;show_once_every&quot;:null},&quot;sticky_bar&quot;:{&quot;display_in&quot;:null,&quot;trigger&quot;:null,&quot;scroll_percentage&quot;:null,&quot;timer&quot;:null,&quot;devices&quot;:null,&quot;show_once_every&quot;:null}},&quot;version&quot;:&quot;5&quot;}">
  <div class="formkit-background" style="opacity: 0.2;"></div>
  <div data-style="minimal">
    <div class="row middle-xs">
      <div class="col-xs-12 col-sm-12 col-md-5 col-lg-5">
        <div class="book">
          <figure style="padding: 0; margin: 0;"><img src="https://valuewalkpremium.com/wp-content/uploads/2017/07/Charlie-munger-reading-1.jpg" alt=""></figure>
        </div>
      </div>
      <div class="col-xs-12 col-sm-12 col-md-7 col-lg-7">
        <div class="description">
          <div style="font-size:24px;">The Life and Career of Charlie Munger</div>
          <span class="onlymo">You can learn from Charlie Munger firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:</span><span class="nomo">Charlie is more than just Warren Buffett’s friend and
            Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing
            up below:</span>
          <ul class="nomo">
            <li>Learn from the best and forever change your investing perspective</li>
            <li>One incredible tidbit of knowledge after another in the page-turning masterpiece of a book</li>
            <li>Discover the secrets to Charlie’s success and how to apply it to your investing</li>
          </ul>
        </div>
      </div>
    </div>
    <div class="formkit-header" style="color: rgb(77, 77, 77); font-size: 20px; font-weight: 700;" data-element="header">
      <p>Never Miss A Story!</p>
    </div>
    <div class="formkit-subheader" style="color: rgb(104, 104, 104); font-size: 14px;" data-element="subheader">
      <p>Subscribe to ValueWalk Newsletter. We respect your privacy.</p>
    </div>
    <ul class="formkit-alert formkit-alert-error" data-element="errors" data-group="alert"></ul>
    <div data-element="fields" data-stacked="true" class="seva-fields formkit-fields">
      <div class="formkit-field"><input class="formkit-input" name="email_address" style="color: rgb(0, 0, 0);width: 100%; border-color: rgb(227, 227, 227); border-radius: 4px; font-weight: 400;" placeholder="Your email address" required=""
          type="email"></div>
      <div class="formkit-field">
        <fieldset data-group="checkboxes" class="formkit-1958" type="Custom" order="1" save_as="Tag" group="field"></fieldset>
      </div>
      <p style="text-align: center;margin: 0 auto;"><button data-element="submit" class="formkit-submit formkit-submit"
          style="color: rgb(255, 255, 255); background-color: rgb(22, 119, 190); border-radius: 4px; font-weight: 400;border: 0;padding: 10p 20px;width: 150px;font-size: ;">
          <div class="formkit-spinner">
            <div></div>
            <div></div>
            <div></div>
          </div><span style="height: 45px;display: block;font-size: 17px;margin: 0 auto;">Subscribe</span>
        </button></p>
    </div>
    <div class="formkit-guarantee" style="color: rgb(77, 77, 77); font-size: 13px; font-weight: 400;" data-element="guarantee">We won't send you spam. Unsubscribe at any time.</div>
  </div>
  <style>
    .seva-form.formkit-form {
      padding: 40px;
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    .post-modified-info,
    .no-results.td-pb-padding-side {
      display: none;
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    .td-header-wrap {
      z-index: 1000;
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    .white-popup {
      position: relative;
      background: #FFF;
      padding: 20px;
      width: auto;
      max-width: 500px;
      margin: 20px auto;
    }

    div[data-style="minimal"] {
      padding: 0 !important;
      margin: 0 !important;
    }

    .onlymo {
      display: none;
      margin-top: 5px;
      margin: bottom:5px;
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    .formkit-form[data-uid="d1a720e986"] * {
      box-sizing: border-box;
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    .formkit-form[data-uid="d1a720e986"] {
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      -moz-osx-font-smoothing: grayscale;
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    .formkit-form[data-uid="d1a720e986"] legend {
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      font-size: inherit;
      margin-bottom: 10px;
      padding: 0;
      position: relative;
      display: table;
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    .formkit-form[data-uid="d1a720e986"] fieldset {
      border: 0;
      padding: 0.01em 0 0 0;
      margin: 0;
      min-width: 0;
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    .formkit-form[data-uid="d1a720e986"] body:not(:-moz-handler-blocked) fieldset {
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    .formkit-form[data-uid="d1a720e986"] h1,
    .formkit-form[data-uid="d1a720e986"] h2,
    .formkit-form[data-uid="d1a720e986"] h3,
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    .formkit-form[data-uid="d1a720e986"] p {
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    .formkit-form[data-uid="d1a720e986"] ul:not([template-default]),
    .formkit-form[data-uid="d1a720e986"] blockquote:not([template-default]) {
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    .formkit-form[data-uid="d1a720e986"] p:not([template-default]),
    .formkit-form[data-uid="d1a720e986"] hr:not([template-default]),
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    .formkit-form[data-uid="d1a720e986"] ul:not([template-default]) {
      color: inherit;
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    .formkit-form[data-uid="d1a720e986"][data-format="modal"] {
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    .formkit-form[data-uid="d1a720e986"][data-format="slide in"] {
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    .formkit-form[data-uid="d1a720e986"] .formkit-input,
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    .formkit-form[data-uid="d1a720e986"] .formkit-checkboxes {
      width: 100%;
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    .formkit-form[data-uid="d1a720e986"] .formkit-button,
    .formkit-form[data-uid="d1a720e986"] .formkit-submit {
      border: 0;
      border-radius: 5px;
      color: #ffffff;
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      text-align: center;
      font-size: 15px;
      font-weight: 500;
      cursor: pointer;
      margin-bottom: 15px;
      overflow: hidden;
      padding: 0;
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      vertical-align: middle;
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    .formkit-form[data-uid="d1a720e986"] .formkit-button:hover,
    .formkit-form[data-uid="d1a720e986"] .formkit-submit:hover,
    .formkit-form[data-uid="d1a720e986"] .formkit-button:focus,
    .formkit-form[data-uid="d1a720e986"] .formkit-submit:focus {
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    .formkit-form[data-uid="d1a720e986"] .formkit-button:hover>span,
    .formkit-form[data-uid="d1a720e986"] .formkit-submit:hover>span,
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      -webkit-transition: all 300ms ease-in-out;
      transition: all 300ms ease-in-out;
      padding: 12px 24px;
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    .formkit-form[data-uid="d1a720e986"] .formkit-input {
      background: #ffffff;
      font-size: 15px;
      padding: 12px;
      border: 1px solid #e3e3e3;
      -webkit-flex: 1 0 auto;
      -ms-flex: 1 0 auto;
      flex: 1 0 auto;
      line-height: 1.4;
      margin: 0;
      -webkit-transition: border-color ease-out 300ms;
      transition: border-color ease-out 300ms;
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    .formkit-form[data-uid="d1a720e986"] .formkit-input:focus {
      outline: none;
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      transition: border-color ease 300ms;
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    .formkit-form[data-uid="d1a720e986"] [data-group="dropdown"]::before {
      content: "";
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      right: 10px;
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      pointer-events: none;
      border-color: #4f4f4f transparent transparent transparent;
      border-style: solid;
      border-width: 6px 6px 0 6px;
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      width: 0;
      z-index: 999;
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    .formkit-form[data-uid="d1a720e986"] [data-group="dropdown"] select {
      height: auto;
      width: 100%;
      cursor: pointer;
      color: #333333;
      line-height: 1.4;
      margin-bottom: 0;
      padding: 0 6px;
      -webkit-appearance: none;
      -moz-appearance: none;
      appearance: none;
      font-size: 15px;
      padding: 12px;
      padding-right: 25px;
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      background: #ffffff;
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    .formkit-form[data-uid="d1a720e986"] [data-group="dropdown"] select:focus {
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] {
      text-align: left;
      margin: 0;
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] {
      margin-bottom: 10px;
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] * {
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"]:last-of-type {
      margin-bottom: 0;
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] input[type="checkbox"] {
      display: none;
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] input[type="checkbox"]+label::after {
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] input[type="checkbox"]:checked+label::after {
      border-color: #ffffff;
      content: "";
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] input[type="checkbox"]:checked+label::before {
      background: #10bf7a;
      border-color: #10bf7a;
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] label {
      position: relative;
      display: inline-block;
      padding-left: 28px;
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] label::before,
    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] label::after {
      position: absolute;
      content: "";
      display: inline-block;
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] label::before {
      height: 16px;
      width: 16px;
      border: 1px solid #e3e3e3;
      background: #ffffff;
      left: 0px;
      top: 3px;
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    .formkit-form[data-uid="d1a720e986"] [data-group="checkboxes"] [data-group="checkbox"] label::after {
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      width: 8px;
      border-left: 2px solid #4d4d4d;
      border-bottom: 2px solid #4d4d4d;
      -webkit-transform: rotate(-45deg);
      -ms-transform: rotate(-45deg);
      transform: rotate(-45deg);
      left: 4px;
      top: 8px;
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    .formkit-form[data-uid="d1a720e986"] .formkit-alert {
      background: #f9fafb;
      border: 1px solid #e3e3e3;
      border-radius: 5px;
      -webkit-flex: 1 0 auto;
      -ms-flex: 1 0 auto;
      flex: 1 0 auto;
      list-style: none;
      margin: 25px auto;
      padding: 12px;
      text-align: center;
      width: 100%;
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    .formkit-form[data-uid="d1a720e986"] .formkit-alert:empty {
      display: none;
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    .formkit-form[data-uid="d1a720e986"] .formkit-alert-success {
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      border-color: #10bf7a;
      color: #0c905c;
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    .formkit-form[data-uid="d1a720e986"] .formkit-alert-error {
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      border-color: #f2643b;
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    .formkit-form[data-uid="d1a720e986"] .formkit-spinner {
      display: -webkit-box;
      display: -webkit-flex;
      display: -ms-flexbox;
      display: flex;
      height: 0px;
      width: 0px;
      margin: 0 auto;
      position: absolute;
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      left: 0;
      right: 0;
      width: 0px;
      overflow: hidden;
      text-align: center;
      -webkit-transition: all 300ms ease-in-out;
      transition: all 300ms ease-in-out;
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      height: 12px;
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      border-radius: 100%;
      display: inline-block;
      -webkit-animation: formkit-bouncedelay-formkit-form-data-uid-d1a720e986- 1.4s infinite ease-in-out both;
      animation: formkit-bouncedelay-formkit-form-data-uid-d1a720e986- 1.4s infinite ease-in-out both;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-spinner>div:nth-child(1) {
      -webkit-animation-delay: -0.32s;
      animation-delay: -0.32s;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-spinner>div:nth-child(2) {
      -webkit-animation-delay: -0.16s;
      animation-delay: -0.16s;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-submit[data-active] .formkit-spinner {
      opacity: 1;
      height: 100%;
      width: 50px;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-submit[data-active] .formkit-spinner~span {
      opacity: 0;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-powered-by[data-active="false"] {
      opacity: 0.35;
    }

    @-webkit-keyframes formkit-bouncedelay-formkit-form-data-uid-d1a720e986- {

      0%,
      80%,
      100% {
        -webkit-transform: scale(0);
        -ms-transform: scale(0);
        transform: scale(0);
      }

      40% {
        -webkit-transform: scale(1);
        -ms-transform: scale(1);
        transform: scale(1);
      }
    }

    @keyframes formkit-bouncedelay-formkit-form-data-uid-d1a720e986- {

      0%,
      80%,
      100% {
        -webkit-transform: scale(0);
        -ms-transform: scale(0);
        transform: scale(0);
      }

      40% {
        -webkit-transform: scale(1);
        -ms-transform: scale(1);
        transform: scale(1);
      }
    }

    .formkit-form[data-uid="d1a720e986"] blockquote {
      padding: 10px 20px;
      margin: 0 0 20px;
      border-left: 5px solid #e1e1e1;
    }

    .formkit-form[data-uid="d1a720e986"] {
      border: 1px solid #e3e3e3;
      max-width: 700px;
      position: relative;
      overflow: hidden;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-background {
      width: 100%;
      height: 100%;
      position: absolute;
      top: 0;
      left: 0;
      background-size: cover;
      background-position: center;
      opacity: 0.3;
      z-index: 1;
    }

    .formkit-form[data-uid="d1a720e986"] [data-style="minimal"] {
      padding: 20px;
      width: 100%;
      z-index: 2;
      position: relative;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-header {
      margin: 0 0 27px 0;
      text-align: center;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-subheader {
      margin: 18px 0;
      text-align: center;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-guarantee {
      font-size: 13px;
      margin: 10px 0 15px 0;
      text-align: center;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-guarantee>p {
      margin: 0;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-powered-by {
      color: #7d7d7d;
      display: block;
      font-size: 12px;
      margin: 10px 0 0 0;
      text-align: center;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-fields {
      display: -webkit-box;
      display: -webkit-flex;
      display: -ms-flexbox;
      display: flex;
      -webkit-flex-wrap: wrap;
      -ms-flex-wrap: wrap;
      flex-wrap: wrap;
      margin: 25px auto 0 auto;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-field {
      min-width: 220px;
    }

    .formkit-form[data-uid="d1a720e986"] .formkit-field,
    .formkit-form[data-uid="d1a720e986"] .formkit-submit {
      margin: 0 0 15px 0;
      -webkit-flex: 1 0 100%;
      -ms-flex: 1 0 100%;
      flex: 1 0 100%;
    }

    .formkit-form[data-uid="d1a720e986"][min-width~="600"] [data-style="minimal"] {
      padding: 40px;
    }

    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] {
      margin-left: -5px;
      margin-right: -5px;
    }

    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] .formkit-field,
    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] .formkit-submit {
      margin: 0 5px 15px 5px;
    }

    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] .formkit-field {
      -webkit-flex: 100 1 auto;
      -ms-flex: 100 1 auto;
      flex: 100 1 auto;
    }

    .formkit-form[data-uid="d1a720e986"][min-width~="600"] .formkit-fields[data-stacked="false"] .formkit-submit {
      -webkit-flex: 1 1 auto;
      -ms-flex: 1 1 auto;
      flex: 1 1 auto;
    }

    .book figure img {
      width: 100%;
      max-width: 380px;
      height: auto;
    }

    .txt-right {
      text-align: right !important
    }

    .margin15 {
      margin: 15px
    }

    .align-top {
      vertical-align: top
    }

    .book {
      width: 100%;
      max-width: 380px;
      margin: 0 auto
    }

    .book figure img {
      width: 100%;
      max-width: 380px;
      height: auto
    }

    .description ul {
      list-style: disc;
      padding-bottom: 10px;
    }

    .description {
      width: 100%
    }

    .description h1,
    .description h2,
    .description h3,
    .description h4 {
      padding: 0;
      margin: 0;
      text-align: center;
      font-family: Oswald, sans-serif
    }

    .description h1 {
      font-size: 24px !important;
      text-transform: uppercase
    }

    .description h2 {
      font-size: 120px !important;
      line-height: 100px !important;
      text-transform: uppercase;
      letter-spacing: 14px;
      padding: 0 0 20px 15px
    }

    .description h3 {
      font-size: 55px;
      line-height: 55px;
      color: #fa0000
    }

    .description h4 {
      font-size: 36px;
      line-height: 36px
    }

    .description h5 {
      font-size: 18px;
      line-height: 22px;
      padding: 0 0 15px;
      margin: 0;
      font-weight: 400;
      text-align: center
    }

    .description p {
      font-size: 16px;
      line-height: 18px;
      text-align: left;
      margin-top: 10px;
    }

    .description ul li {
      padding-top: 5px;
      font-size: 16px;
    }

    </p><p>.description form {
      width: 90%;
      margin: 0 auto
    }

    .description form input[type=email] {
      width: 100%;
      height: 50px;
      box-sizing: border-box;
      padding: 10px;
      text-align: center;
      font-size: 20px
    }

    .description form button.btn {
      width: 100%;
      display: inline-block;
      padding: 10px 15px;
      cursor: pointer;
      border: 0;
      font-size: 20px;
      font-weight: 700;
      text-align: center
    }

    .description form button.btn-submit {
      background-color: rgba(254, 229, 113, 1);
      color: #2d2d2e
    }

    .description form button.btn-submit:hover {
      background-color: rgba(254, 229, 113, .8)
    }

    .description .privacy p {
      font-size: 12px
    }

    .description .privacy p a {
      color: #000;
      text-decoration: underline
    }

    @media screen and (max-width:1953px) {
      .description h3 {
        font-size: 3.15vw;
        line-height: 3vw;
        color: #fa0000
      }

      .description h4 {
        font-size: 2vw;
        line-height: 2.5vw
      }

      .description h5 {
        font-size: 18px;
        line-height: 22px;
        padding: 0 0 15px;
        margin: 0;
        font-weight: 400;
        text-align: center
      }
    }

    @media screen and (max-width:992px) {
      .book {
        width: 100%;
        max-width: 240px;
        margin: 0 auto
      }

      .book figure img {
        width: 100%;
        max-width: 240px;
        height: auto
      }

      .description {
        width: 90%;
        max-width: 600px;
        margin: 0 auto
      }

      .description h5 {
        font-size: 18px;
        line-height: 22px;
        padding: 0 0 15px;
        margin: 0;
        font-weight: 400;
        text-align: center
      }
    }

    @media screen and (max-width:768px) {
      .description h1 {
        font-size: 10.75vw;
        line-height: 10.75vw
      }

      .description h3 {
        font-size: 5vw;
        line-height: 6vw;
        color: #fa0000
      }

      .description h4 {
        font-size: 3.25vw;
        line-height: 3.75vw
      }
    }

    @media screen and (max-width:650px) {
      .description h1 {
        font-size: 26px !important;
        line-height: 28px !important
      }

      .nomo {
        display: none;
      }

      .onlymo {
        display: block;
      }

      .description h2 {
        font-size: 70px !important;
        line-height: 70px !important;
        letter-spacing: normal;
        padding: 0 0 20px
      }

      .description form button.btn {
        width: 100%;
        display: inline-block;
        cursor: pointer;
        border: 0;
        font-size: 18px;
        font-weight: 700;
        text-align: center
      }

      .description .privacy p {
        font-size: 10px
      }
    }

    footer {
      width: 100%;
      padding: 40px 0
    }

    footer .cont-footer {
      width: 90%;
      max-width: 1200px;
      margin: 0 auto
    }

    footer .cont-footer p {
      font-size: 14px;
      text-align: justify;
      padding: 0 0 20px;
      margin: 0
    }

    footer .cont-footer ul {
      padding: 0;
      margin: 0
    }

    footer .cont-footer ul li {
      list-style: none;
      display: inline-block;
      padding: 0 15px 20px 0
    }

    footer .cont-footer ul li a {
      font-size: 14px;
      text-decoration: none;
      color: #000
    }

    #myModal .modal-content .wrapper-modal {
      box-sizing: border-box;
      padding: 35px;
      width: 100%
    }

    #myModal .modal-content .wrapper-modal .title-modal h2 {
      color: #333;
      font-size: 25px;
      padding: 0;
      margin: 0;
      font-weight: 700;
      line-height: 30px;
      text-align: center
    }

    #myModal .modal-content .modal-header {
      width: 100%;
      position: relative
    }

    #myModal .modal-content .modal-header .close {
      position: absolute;
      right: 10px;
      top: -15px;
      padding: 0;
      margin: 0
    }

    #myModal .modal-content .modal-header .close figure {
      padding: 0;
      margin: 0
    }

    #myModal .modal-content .wrapper-modal form {
      width: 90%;
      max-width: 500px;
      margin: 20px auto 0
    }

    #myModal .modal-content .wrapper-modal form input[type=email] {
      width: 100%;
      height: 50px;
      box-sizing: border-box;
      padding: 10px;
      text-align: center;
      font-size: 20px
    }

    #myModal .modal-content .wrapper-modal form button.btn {
      width: 100%;
      display: inline-block;
      padding: 10px 15px;
      cursor: pointer;
      border: 0;
      font-size: 20px;
      font-weight: 700;
      text-align: center
    }

    #myModal .modal-content .wrapper-modal form button.btn-submit {
      background-color: rgba(254, 229, 113, 1);
      color: #2d2d2e
    }

    #myModal .modal-content .wrapper-modal form button.btn-submit:hover {
      background-color: rgba(254, 229, 113, .8)
    }

    #myModal .modal-content .wrapper-modal .privacy p {
      font-size: 12px
    }

    #myModal .modal-content .wrapper-modal .privacy p a {
      color: #000;
      text-decoration: underline
    }

    @media screen and (max-width:768px) {
      #myModal .modal-content {
        width: 90%
      }

      #myModal .modal-content .wrapper-modal .title-modal h2 {
        color: #333;
        font-size: 22px;
        padding: 0;
        margin: 0;
        font-weight: 700;
        line-height: 24px;
        text-align: center
      }
    }

    @media screen and (max-width:650px) {
      #myModal .modal-content .wrapper-modal {
        box-sizing: border-box;
        padding: 20px;
        width: 100%
      }

      #myModal .modal-content .wrapper-modal .title-modal h2 {
        color: #333;
        font-size: 20px;
        padding: 0;
        margin: 0;
        font-weight: 700;
        line-height: 24px;
        text-align: center
      }

      #myModal .modal-content .modal-header .close {
        position: absolute;
        right: 20px;
        top: -10px;
        padding: 0;
        margin: 0
      }

      #myModal .modal-content .wrapper-modal form {
        width: 90%;
        margin: 20px auto 0
      }

      #myModal .modal-content .wrapper-modal form input[type=email] {
        width: 100%;
        height: 50px;
        box-sizing: border-box;
        padding: 10px;
        text-align: center;
        font-size: 20px
      }

      #myModal .modal-content .wrapper-modal form button.btn {
        width: 100%;
        display: inline-block;
        padding: 10px 15px;
        cursor: pointer;
        border: 0;
        font-size: 20px;
        font-weight: 700;
        text-align: center
      }

      #myModal .modal-content .wrapper-modal form button.btn-submit {
        background-color: rgba(254, 229, 113, 1);
        color: #fff
      }

      #myModal .modal-content .wrapper-modal form button.btn-submit:hover {
        background-color: rgba(254, 229, 113, .8)
      }

      #myModal .modal-content .wrapper-modal .privacy p {
        font-size: 9px
      }

      #myModal .modal-content .wrapper-modal .privacy p a {
        color: #000;
        text-decoration: underline
      }
    }

    .modal {
      display: none;
      position: fixed;
      z-index: 9999;
      padding-top: 100px;
      left: 0;
      top: 0;
      width: 100%;
      height: 100%;
      overflow: auto;
      background-color: #000;
      background-color: rgba(0, 0, 0, .5)
    }

    .modal-content {
      position: relative;
      background-color: #fefefe;
      margin: auto;
      padding: 0;
      border: 1px solid #888;
      max-width: 700px;
      box-shadow: 0 4px 8px 0 rgba(0, 0, 0, .2), 0 6px 20px 0 rgba(0, 0, 0, .19);
      -webkit-animation-name: animatetop;
      -webkit-animation-duration: .4s;
      animation-name: animatetop;
      animation-duration: .4s
    }

    @-webkit-keyframes animatetop {
      from {
        top: -300px;
        opacity: 0
      }

      to {
        top: 0;
        opacity: 1
      }
    }

    @keyframes animatetop {
      from {
        top: -300px;
        opacity: 0
      }

      to {
        top: 0;
        opacity: 1
      }
    }

    .close {
      padding: 0;
      margin: 0;
      font-weight: 700
    }

    .close:focus,
    .close:hover {
      color: #000;
      text-decoration: none;
      cursor: pointer;
      font-weight: bolder
    }

    .modal-header {
      padding: 2px 16px
    }

    .modal-body {
      padding: 2px 16px 37px;
      background-color: #fff
    }

    .modal-footer {
      padding: 2px 16px
    }

    .formModal {
      padding: 0 0 0
    }

    .formModal input[type=email],
    .formModal input[type=text] {
      border: 1px solid #ccc;
      max-width: 300px;
      width: 100%;
      height: 45px;
      padding: 0;
      font-size: 19px;
      margin: 0 auto;
      color: #676767;
      text-align: center;
      border-radius: 5px;
      margin-bottom: 10px;
      margin-right: 10px
    }

    .titleModal {
      padding: 0 20px 20px;
      float: right
    }

    .titleModal h2 {
      font-family: 'Open Sans', sans-serif;
      padding-top: 40px;
      font-size: 27px;
      text-align: left;
      color: #0a2f58;
      font-weight: 700;
      line-height: 34px;
      float: right
    }

    .titleModal p {
      padding-top: 10px;
      font-size: 19px;
      text-align: left;
      color: #000;
      line-height: 24px;
      float: right
    }

    .leftModal {
      padding: 42px 0 0;
      text-align: center;
      width: 40%;
      float: left;
      background-color: #fff
    }

    .rightModal {
      text-align: center;
      float: right;
      width: 60%;
      background-color: #fff
    }

    .container-fluid {
      margin-right: auto;
      margin-left: auto;
      padding-right: 2rem;
      padding-left: 2rem
    }

    .row {
      box-sizing: border-box;
      display: -ms-flexbox;
      display: -webkit-box;
      display: flex;
      -ms-flex: 0 1 auto;
      -webkit-box-flex: 0;
      flex: 0 1 auto;
      -ms-flex-direction: row;
      -webkit-box-orient: horizontal;
      -webkit-box-direction: normal;
      flex-direction: row;
      -ms-flex-wrap: wrap;
      flex-wrap: wrap;
      margin-right: -1rem;
      margin-left: -1rem
    }

    .row.reverse {
      -ms-flex-direction: row-reverse;
      -webkit-box-orient: horizontal;
      -webkit-box-direction: reverse;
      flex-direction: row-reverse
    }

    .col.reverse {
      -ms-flex-direction: column-reverse;
      -webkit-box-orient: vertical;
      -webkit-box-direction: reverse;
      flex-direction: column-reverse
    }

    .col-xs,
    .col-xs-1,
    .col-xs-10,
    .col-xs-11,
    .col-xs-12,
    .col-xs-2,
    .col-xs-3,
    .col-xs-4,
    .col-xs-5,
    .col-xs-6,
    .col-xs-7,
    .col-xs-8,
    .col-xs-9 {
      box-sizing: border-box;
      -ms-flex: 0 0 auto;
      -webkit-box-flex: 0;
      flex: 0 0 auto;
      padding-right: 1rem;
      padding-left: 1rem
    }

    .col-xs {
      -webkit-flex-grow: 1;
      -ms-flex-positive: 1;
      -webkit-box-flex: 1;
      flex-grow: 1;
      -ms-flex-preferred-size: 0;
      flex-basis: 0;
      max-width: 100%
    }

    .col-xs-1 {
      -ms-flex-preferred-size: 8.333%;
      flex-basis: 8.333%;
      max-width: 8.333%
    }

    .col-xs-2 {
      -ms-flex-preferred-size: 16.667%;
      flex-basis: 16.667%;
      max-width: 16.667%
    }

    .col-xs-3 {
      -ms-flex-preferred-size: 25%;
      flex-basis: 25%;
      max-width: 25%
    }

    .col-xs-4 {
      -ms-flex-preferred-size: 33.333%;
      flex-basis: 33.333%;
      max-width: 33.333%
    }

    .col-xs-5 {
      -ms-flex-preferred-size: 41.667%;
      flex-basis: 41.667%;
      max-width: 41.667%
    }

    .col-xs-6 {
      -ms-flex-preferred-size: 50%;
      flex-basis: 50%;
      max-width: 50%
    }

    .col-xs-7 {
      -ms-flex-preferred-size: 58.333%;
      flex-basis: 58.333%;
      max-width: 58.333%
    }

    .col-xs-8 {
      -ms-flex-preferred-size: 66.667%;
      flex-basis: 66.667%;
      max-width: 66.667%
    }

    .col-xs-9 {
      -ms-flex-preferred-size: 75%;
      flex-basis: 75%;
      max-width: 75%
    }

    .col-xs-10 {
      -ms-flex-preferred-size: 83.333%;
      flex-basis: 83.333%;
      max-width: 83.333%
    }

    .col-xs-11 {
      -ms-flex-preferred-size: 91.667%;
      flex-basis: 91.667%;
      max-width: 91.667%
    }

    .col-xs-12 {
      -ms-flex-preferred-size: 100%;
      flex-basis: 100%;
      max-width: 100%
    }

    .col-xs-offset-1 {
      margin-left: 8.333%
    }

    .col-xs-offset-2 {
      margin-left: 16.667%
    }

    .col-xs-offset-3 {
      margin-left: 25%
    }

    .col-xs-offset-4 {
      margin-left: 33.333%
    }

    .col-xs-offset-5 {
      margin-left: 41.667%
    }

    .col-xs-offset-6 {
      margin-left: 50%
    }

    .col-xs-offset-7 {
      margin-left: 58.333%
    }

    .col-xs-offset-8 {
      margin-left: 66.667%
    }

    .col-xs-offset-9 {
      margin-left: 75%
    }

    .col-xs-offset-10 {
      margin-left: 83.333%
    }

    .col-xs-offset-11 {
      margin-left: 91.667%
    }

    .start-xs {
      -ms-flex-pack: start;
      -webkit-box-pack: start;
      justify-content: flex-start;
      text-align: start
    }

    .center-xs {
      -ms-flex-pack: center;
      -webkit-box-pack: center;
      justify-content: center;
      text-align: center
    }

    .end-xs {
      -ms-flex-pack: end;
      -webkit-box-pack: end;
      justify-content: flex-end;
      text-align: end
    }

    .top-xs {
      -ms-flex-align: start;
      -webkit-box-align: start;
      align-items: flex-start
    }

    .middle-xs {
      -ms-flex-align: center;
      -webkit-box-align: center;
      align-items: center
    }

    .bottom-xs {
      -ms-flex-align: end;
      -webkit-box-align: end;
      align-items: flex-end
    }

    .around-xs {
      -ms-flex-pack: distribute;
      justify-content: space-around
    }

    .between-xs {
      -ms-flex-pack: justify;
      -webkit-box-pack: justify;
      justify-content: space-between
    }

    .first-xs {
      -ms-flex-order: -1;
      -webkit-box-ordinal-group: 0;
      order: -1
    }

    .last-xs {
      -ms-flex-order: 1;
      -webkit-box-ordinal-group: 2;
      order: 1
    }

    @media only screen and (min-width:48em) {
      .container {
        width: 46rem
      }

      .col-sm,
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Home Business This Still Isn’t A Buyable Bottom For Stocks
 * Business


THIS STILL ISN’T A BUYABLE BOTTOM FOR STOCKS

MarketBeat
-
Jun 21, 2022, 4:33 pm
0
Table of Contents show
 * 1. There’s Hope In The Market But The Technical Outlook Is Gloomy
 * 2. The S&P 500 Broke Out Of A Downward Sloping Channel
 * 3. The Analysts And The Gurus Aren’t Sanguine About The Market


THERE’S HOPE IN THE MARKET BUT THE TECHNICAL OUTLOOK IS GLOOMY

Equities began the week with a strong bounce and the S&P 500 (NYMARKET:SPY)
gained more than 2.6% by midday. As strong as the bounce looks, however, we
still don’t think this is the buyable bottom. While there is some indication
that a bottom may form during the Q2 reporting season that season is still a few
weeks away and there is great risk in the outlook. The consensus estimates for
Q2, Q3, and Q4 earnings have ticked higher over the last two weeks the updraft
is tepid and almost 100% due to the energy sector.

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If we’ve said it once, we’ve said a dozen times that higher oil prices in the
face of rising demand are driving windfall profits in the energy sector that
should be sustained into calendar 2023 at least. The fundamental picture in the
energy sector is dwindling capacity and supply and that can only lead to higher
prices. The takeaway is the energy sector should do well this year and the
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THE S&P 500 BROKE OUT OF A DOWNWARD SLOPING CHANNEL

We’ve been tracking several technical conditions in the S&P 500 that suggest a
downward bias in price action if not a continuation of the downtrend that began
earlier this year. The major pattern that is dominating the price action is a
Head & Shoulders Reversal that should take the S&P 500 down to the 3480 level
and it is still well above there. The most recent pattern we’ve been tracking is
a downward sloping channel that demarcates the downtrend that began at the end
of 2021/beginning of 2022. That channel should take the price down to our 3,480
price target on its own but the price action broke out of this channel to the
downside. In this scenario, we see the S&P 500 decline accelerating, not
reversing, and moving quickly down to the 3,480 level if not surpassing it.

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The risk for the market lies in the Q2 earnings and there is a large amount of
risk. There is a chance the season will come in better than expected (which is
the most likely scenario based on historical evidence) and that should put a
bottom in the market. The question that will need to be answered then is what
kind of bottom is it? If the outlook for the second half of the year brightens,
even a little, it may be a permanent bottom that leads to higher prices for the
S&P 500. If, however, inflation remains a problem, the FOMC stays
uber-aggressive, and the outlook for earnings ex-energy sector darkens the
downtrend will continue.

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THE ANALYSTS AND THE GURUS AREN’T SANGUINE ABOUT THE MARKET

A look at the Marketbeat.com daily analysts' coverage is telling. While some
companies, particularly in the consumer staples sectors, not to mention the
energy companies, are getting upgrades and price target increases the bulk of
analyst activity is negative. The takeaway is the analysts still see an upward
bias for the market but their sentiment is slipping and that is a weak
foundation for the market.

There are other influential names giving gloomy forecasts as well. So far, we’ve
seen Wharton professor Jeremy Seigel, JPMorgan Chase CEO Jamie Dimon, bond-guru
Mohamed El-Erian, and even Jim Cramer give dire forecasts for stocks and the
economy. The takeaway here is that fear of a major recession is growing and it’s
time to be frugal with cash. As for the minor recession? It’s already here.

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Article by Thomas Hughes, MarketBeat

Updated on Jun 21, 2022, 4:33 pm

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do the following.

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Some partners do not ask for your consent to process your data, instead, they
rely on their legitimate business interest. View our list of partners to see
purposes they believe they have legitimate interest for and how you can object
to it.
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%NAME%

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Data processing based on legitimate interest:


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TCF VENDORS

These are our advertising partners that participate in the IAB's Transparency &
Consent Framework, which was created to ensure transparent and fair use of your
data.

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%NAME%

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