The MEM Edge

October 2023

The MEM Edge

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Consumer Spending Remains Strong - Here Are 3 Stocks For Your Watch List

by Mary Ellen McGonagle

The U.S. economy grew at a 4.9% annualized rate in the third quarter that was fueled mainly by consumer spending as Americans poured their disposable income into vacations, dining out and online shopping... Read More 

The MEM Edge

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MEM TV: Are the Magnificent Seven Ready to Rally?

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews last week's negative price action in the markets while sharing key areas of possible support for the Nasdaq and S&P 500... Read More 

The MEM Edge

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Stock Market Rally Fizzles – What to Do Now

by Mary Ellen McGonagle

The markets started the week on a strong note with a rally, which was boosted by the release of dovish remarks from the Federal Reserve's last meeting. A stronger-than-expected CPI report sparked an increase in interest rates, however, which pushed the markets lower... Read More 

The MEM Edge

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MEM TV: Markets Stall As Week Progresses - Here's Why

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen shares where the market stands, after last week's price action had select areas far outpacing the markets while others were weak... Read More 

The MEM Edge

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MEM TV: Here's What To Do With Base Breakouts and Other Bullish Signals

by Mary Ellen McGonagle

In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the bullish bias that's shaping up in the markets as high-growth areas begin to turn positive... Read More