{"id":60421,"date":"2022-07-04T19:47:45","date_gmt":"2022-07-05T02:47:45","guid":{"rendered":"https:\/\/drduru.com\/onetwentytwo\/?p=60421"},"modified":"2022-07-05T23:38:27","modified_gmt":"2022-07-06T06:38:27","slug":"stock-chart-reviews-industrial-weakness","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2022\/07\/04\/stock-chart-reviews-industrial-weakness\/","title":{"rendered":"Stock Chart Reviews – Industrial Weakness"},"content":{"rendered":"\n

Stock Market Commentary<\/strong>:<\/h2>\n\n\n\n

Fears of a recession are running high as the Federal Reserve scrambles to normalize monetary policy. The Fed is racing against an economic clock. It needs to get rates as close to the “neutral rate” as possible before a weakening economy finally forces them to reverse course. The higher the rates when the next easing cycle begins, the more room the Fed has to appease the need of financial markets for easy money. In the meantime, industrial weakness in the form of the hard machinery of the economy is spreading as the Fed’s hawkish pressure succeeds in rapid fashion<\/a>. The charts below provide a sample of the growing issues and challenges. The technicals provide a map for playing the trends from the bullish or bearish side. Most of these stocks are plays I looked forward to accumulating in an inflationary, strong economic environment<\/a>. Instead, the dramatic impact of economic fears put me on a cautionary pause.<\/p>\n\n\n\n