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Monday, December 7, 2020

Last Friday on 12/4/20 we had mentioned about that the US major stock market boards were heading for a correction.

      The NASDAQ is moving towards this correction compared to the DOW and the S & P 500, with the DOW and the S & P 500 declining today on Monday 12/7/20.     With both of those two US stock market boards falling and bringing down the Relative Strength Index down some.     Now the correction happening with the NASDAQ is taking it that way and so the stock futures were down for all three of the major US stock boards.     Here is the latest stock futures: DOW is down by .21 percent, the S & P 500 is down by .20 percent and the NASDAQ is down by .13 percent at 3:42 pm PST.       The NASDAQ's Relative Strength Index is at 71.54, now the DOW's Relative Strength Index has fallen slightly to 62.06 and a slight decline for the S & P's Relative Strength Index at 66.63.       Now the S & P 500 is still showing momentum on the MACDs to show a slight climb, but the red line has been gaining ground on this stock board.     Once it crosses then the S & P 500 will start declining with this correction taking place and so this could start happening this coming Friday 12/11/20 or on Monday 12/14/20.      Now the performance on the DOW with the MACDs is showing both lines starting to decline and the red line has crossed and so the correction phase has begun for the DOW.     The NASDAQ hasn't shown the correction taking place yet on the MACDs with the blue line is still pulling away from the red line.     Except that could shift within the next day or so and put the NASDAQ going through the correction and so we are still looking at Friday 12/11/20 or Monday 12/14/20 for this correction to happen.      A lot of the stocks on the portfolio as we are heading up to 1000 different stocks as most of them are above the 40 percent threshold from the Relative Strength Index.    We are expecting a few stocks that have been declining in price to fall under the 40 percent threshold.     Once we find more of them making a turn around on the MACDs with momentum driving the stock price back up.    We will be posting up them in future post on our blog on stocks and we are 5 days away from finally receiving the $50 thousand from our first backer.

       Then we can proceed with bringing Carson Investment Services LLC officially online and have our office ready to go by bring The Carson Lending Investment Club.     Our investments to build up our revenue for Carson Investment Services had went down by $58.59.      Here is another update on the stock futures: DOW is down by .26 percent, the S & P 500 is down by .29 percent and the NASDAQ is down by .23 percent at 6:22 pm PST.      We have removed Zynerba Pharmaceuticals Incorporated from off our experimentation and added two more stocks onto the experimentation.      The experimentation had gained around $500, and here are the two stocks that were added onto the experimentation.

        They are BiondVax Pharmaceuticals, stock symbol BVXV, the momentum on the MACDs has been driving the stock price up and it was below the 40 percent threshold on the Relative Strength Index.     The second stock was added is Kamada Ltd and the stock symbol is KMDA, the momentum on the MACDs were beginning to drive the price up.    It was below the 40 percent threshold on the Relative Strength Index and here is another update on the stock futures: DOW is down by .34 percent, the S & P 500 is down by .37 percent and the NASDAQ is down by .28 percent at 7:57 pm PST.

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