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Friday, February 26, 2021

Now we are beginning to see the three major US stock boards starting to level out going through this correction

    Another thing is that the House is trying to get this $1.9 trillion dollar bill passed before two weeks, because these unemployment checks of $300 will be ending.     Yesterday we had mentioned about how the DOW and S & P 500 would need to fall upon their stock market boards.     Most of the time when the three US stock markets go through a correction they end up leveling out on the Relative Strength Index.

    The three markets usually see percentages just a few fractions away from each other when they hit bottom before the stock markets begin to climb again.     Back to the House pushing this increase on minimum wage to $15 an hour by the year of 2025.     Since Biden has won the election their has been a 20 percent increase on the price of oil rising.     They are looking at this summer an increase from 40 to 90 percent in folks travelling for vacationing.     Another problem that was mentioned about was gas prices, most are hoping to keep gas prices at around $2.70 a gallon.   Except it could end up going past $3 dollars a gallon for gas at the gas station.     With oil prices rising lately and with people paying more at the pump and hopefully this bill will still try to pass, including the increase on the hourly wage.      If not we could be seeing more folks not able to travel so much years from now.     The cost of living seems to rise with us having to pay more for things and still our paychecks lag behind.      One of the things would happen with the minimum wage going higher, we would end up seeing the things that we purchase increase too.

    Here is the stock futures going into the weekend: DOW is up by .01 percent, the S & P 500 is down by .04 and the NASDAQ is down by .04 percent.     With that huge drop on the DOW falling $469.64, we examine the Relative Strength Index against the three major US stock boards.       Having the DOW decline on the market today has put it at 45.24 percent on the Relative Strength Index.      By checking on the next two US major stock boards, the S & P 500 today went down and is at 43.50 on the Relative Strength Index.      Let's check where the NASDAQ with rising a bit is at on the Relative Strength Index as it is at 40.18 percent.    Looking at the correction on these three US stock market boards starting to level themselves out.      But all three are looking to drop in the coming week with the DOW leading the way, so that the Relative Strength Index of these boards are just fractions away when they level out.

    Once that happens then the stocks will once again show them climbing up once again, our plan in our investment for Carson Investment Services LLC.     Has all of the 11 stocks set at price sell bids when they reach them, especially when these stock market boards go through peaks and corrections.

    And to purchase back into more shares when the stock market ends up falling into a correction to continue building up more revenue.

     On 3 of the 11 investments we have already had increased shares and will be continuing to increase more on the other investments to grow our business.     Our in vestment had loss $148.57, but since we have been adding stocks to invest in when we had only one investment June 2020.

     It began to grow slowly by the months and adding more funds into many other stocks to build up to where we are now.     We are still ahead by a little over $1 thousand on our profits and so these stocks driven down by this correction, as we have been through two already.      With stocks increasing even higher once it came out of the correction and now adding extra shares increases the return profit.

     In a few post ago we had mentioned if the dollar were to hit around the $91 or $92 range that we would end seeing more of correction happening on the stock market.       At 5 pm EST the US dollar had gone up to $90.93 and around 4 pm EST it peaked to $90.97.      Now the US dollar could start rising even more when Sunday late afternoon here in our area Eugene, Oregon.

      By sending the stock futures down or the dollar could drop down to see stock futures slide up for Monday March 1, 2021.        Here is that article: House set to approve $1.9 trillion bill, will be back late Sunday afternoon and will be examining more stocks tomorrow to add to our portfolio.

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