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BRITAIN LEADS GLOBAL STOCK RALLY -- POUND SURGES 2% -- SAFE HAVEN ASSETS LIKE BONDS AND GOLD SELL OFF -- WEAK DOLLAR BOOSTS COPPER AND OIL -- S&P 500 GIVES BACK HALF ITS GAINS BY THE CLOSE

by John Murphy,

Chief Technical Analyst, StockCharts.com

UK LEADS GLOBAL RALLY ... Stocks around the world started the week on a strong note which appears to be tied to shifting sentiment in Britain. Chart 1 shows the British Pound surging more than 2% for its biggest gain in years. British stocks are sharply higher as well. Chart 2...   READ MORE 

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EUROPEAN MARKETS BOUNCE ON FRIDAY BUT REMAIN IN DOWNTRENDS -- GOLD AND YEN ARE RISING TOGETHER FOR A REASON -- SO IS THE VIX -- TELECOM ISHARES CLOSE AT NEW RECORD -- VERIZON NEARS UPSIDE BREAKOUT -- REITS ARE ALSO GAINING AS BOND YIELDS DROP

by John Murphy,

Chief Technical Analyst, StockCharts.com

A FRIDAY REBOUND IN BRITAIN AND EUROPE... All eyes are on the British Brexit vote this coming Thursday (June 23) on whether to stay in the European Union or leave. Latest polls show the "leave" vote in the lead. A relief bounce on Friday in Britain and Europe...   READ MORE 

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Turnaround Thursday: Several Markets Reverse On The Day: What Are The Implications?

by Martin Pring,

President, Pring Research

* Stocks show signs of a near-term reversal * What about those bonds? * Gold showing signs of tiredness Stocks show signs of near-term reversal On Thursday, several markets started off strongly in one direction but by the end of the day, these same markets reversed course. Normally when one market or an...   READ MORE 

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FOREIGN STOCKS LEAD US STOCKS LOWER -- EUROPE ETFS TUMBLE -- TEN-YEAR TREASURY YIELD FALLS TO FOUR-YEAR LOW -- FALLING FOREIGN CURRENCIES BOOST DOLLAR -- BOUNCING DOLLAR HURTS OIL, WHILE FALLING YIELDS BOOST GOLD -- BANK STOCKS LEAD U.S. STOCKS LOWER

by John Murphy,

Chief Technical Analyst, StockCharts.com

FOREIGN SHARES TUMBLE... Foreign shares continue to fall sharply and are pulling U.S. shares lower. The biggest drops are being seen in developed markets. Chart 1 shows MSCI iShares (EFA) falling to the lowest level in early three months. The biggest losses are being seen in Europe and Japan....   READ MORE 

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A Funny Thing Happened On The Way To The Rally

by Martin Pring,

President, Pring Research

* Some short-term equity market cracks are starting to appear * Rates are starting to breakdown * Keep watching those credit spreads Some short-term equity market cracks are starting to appear In my last article, I pointed out that most of the short-term oscillators were in a bullish configuration. Moreover, they were not...   READ MORE 

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PLUNGE IN GLOBAL BOND YIELDS SPARKS FLIGHT TO SAFETY -- RECORD LOW FOREIGN YIELDS PULL 10-YEAR TREASURY YIELD TO THREE-YEAR LOW -- BREXIT FEARS HIT POUND AND EUROPE -- OVERBOUGHT OIL MARKET DUE FOR A PULLBACK -- SO IS THE S&P 500

by John Murphy,

Chief Technical Analyst, StockCharts.com

FALLING FOREIGN YIELDS PULL TREASURIES LOWER... The big story this week was the plunge in global bond yields, many of which fell to record lows and deeper into negative territory. Chart 1 compares 10-Year yields of the U.S. (green), Britain (red), Germany (blue), and Japan (orange). The last three...   READ MORE 

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INDUSTRIAL SPDR NEARS NEW RECORD -- RAILS ARE BACK ON TRACK LED BY CSX AND UNION PACIFIC -- COMMODITY INDEXES REACH BULL MARKET THRESHOLD -- MATERIALS ALSO SHOW MARKET LEADERSHIP -- NUCOR LEADS STEEL STOCKS HIGHER -- FALLING BOND YIELDS HELP GOLD

by John Murphy,

Chief Technical Analyst, StockCharts.com

INDUSTRIAL SPDR NEARS RECORD ... One of the positive signs for the stock market is that it's being led higher by economically sensitive stock groups. Chart 1, for example, shows the Industrial Sector SPDR (XLI) testing its April high. The XLI scored a bullish breakout during March when it...   READ MORE 

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GLOBAL STOCKS CONTINUE RALLY -- OIL SERVICE STOCKS LEAD MARKET HIGHER ON RISING OIL -- S&P 500 ATTEMPTING NEW HIGH -- SMALL CAPS ARE ALSO LEADING

by John Murphy,

Chief Technical Analyst, StockCharts.com

OIL SERVICE STOCKS SURGE ... Strong buying in energy shares is helping lead global stocks higher. That's especially true of oil service stocks. Chart 1 shows the VanEck Vectors Oil Services ETF (OIH) surging near 7% today. Its relative strength ratio (top of chart) is surging as well. Crude...   READ MORE 

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US Equities Primed To Move Higher

by Martin Pring,

President, Pring Research

* Market reacts to bad news with a nothing-burger and that’s bullish * NYA Coppock goes bullish * NYSE A/D Line at all-time high * Pretty well all sectors pointing north * Those interest rates Market reacts to bad news with a nothing-burger and that’s bullish In my book Investment Psychology Explained,...   READ MORE 

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WEAK JOBS REPORT PUSHES BOND YIELDS AND DOLLAR SHARPLY LOWER -- WINNERS ARE BONDS, UTILITIES, AND GOLD -- BANKS ARE LOSERS -- FOREIGN MARKETS JUMP ALONG WITH CURRENCIES -- S&P 500 HOLDS UPTREND -- HEALTHCARE SECTOR TURNS UP

by John Murphy,

Chief Technical Analyst, StockCharts.com

WEAKEST JOB REPORT IN FIVE YEARS SURPRISES EVERYONE... Friday's job report of only 38,000 jobs created in May was the weakest in more than five years. And it pretty much shocked everyone. Some of the market reactions, however, were reasonably predictable. Interest rate yields tumbled along the...   READ MORE 

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HEALTHCARE ETFS THAT COVER HEALTHCARE PROVIDERS AND MEDICAL DEVICES AND EQUIPMENT GAIN GROUND -- MEDTRONIC SURGES TO NEW RECORD -- HEALTHCARE SPDR EXCEEDS APRIL HIGH -- ABBVIE SCORES BULLISH BREAKOUT

by John Murphy,

Chief Technical Analyst, StockCharts.com

U.S. HEALTHCARE PROVIDERS ISHARES ... In my message posted earlier today, I showed a number of healthcare providers that are having a strong day, including Aetna (AET), Centene (CNC), Humana (HUM), and Unitedhealth Group (UNH). I want to point out here that an ETF is available to cover that group...   READ MORE 

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HEALTH CARE SPDR NEARS TEST OF APRIL HIGH -- HEALTHCARE PROVIDERS ARE STRONGEST GROUP -- AETNA, CENTENE, AND HUMANA SCORE BIG GAINS -- UNITEDHEALTH GROUP HITS NEW RECORD

by John Murphy,

Chief Technical Analyst, StockCharts.com

HEALTH CARE SPDR NEARS APRIL HIGH... Healthcare stocks continue to gain ground despite a generally soft stock market. Chart 1 shows the Health Care SPDR (XLV) trading higher today and nearing a test of its April high. The XLV/SPX ratio (top of chart) continues to gain ground as well....   READ MORE 

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HEALTHCARE SPDR SHOWS RELATIVE STRENGTH AND HAS POSITIVE CHART PATTERN -- WATERS NEARS UPSIDE BREAKOUT -- PATTERSON DENTAL TURNS UP -- BIOGEN IS BIOTECH LEADER -- BIG PHARMA LEADERS ARE JOHNSON & JOHNSON, BRISTOL MYERS SQUIBB, AND PFIZER

by John Murphy,

Chief Technical Analyst, StockCharts.com

HEALTH CARE SPDR SHOWS RELATIVE STRENGTH ... With stocks encountering some selling at the start of June, healthcare stocks are showing more resilience. That may be due to the fact the heathcare stocks have defensive characteristics. It may also have to do with the fact that healthcare stocks are starting to...   READ MORE 

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Why There Is A Good Chance That The Chinese Equity Market Has Bottomed

by Martin Pring,

President, Pring Research

* The bullish reverse dominos * Chinese ETF’s * PEK or FXI? * What would a Chinese rally mean for US equities * Chinese short interest The Chinese equity market as reflected in the Shanghai Composite $SSEC has fallen by close to 50 % from the 5166 level on the June 2015 high to its...   READ MORE 

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ELLIOTT WAVE ANALYSIS SUGGESTS THAT STOCKS HAVE BEEN IN A WAVE FOUR CORRECTION -- SINCE BULL MARKETS USUALLY HAVE FIVE WAVES, THAT MEANS THERE'S ANOTHER UPWAVE TO COME -- BOTH VERSIONS OF NYSE ADVANCE-DECLINE LINE LOOK STRONG

by John Murphy,

Chief Technical Analyst, StockCharts.com

STOCKS ARE ENDING WAVE FOUR CORRECTION... I find Elliott Wave Analysis very helpful in keeping the stock market's trend in proper perspective. I'm revisiting the subject here because I believe it may explain what's happening in global stocks. Here's a brief explanation....   READ MORE 

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STRONG HOUSING DATA GIVES HOMEBUILDERS AND STOCKS A BIG LIFT -- BANKS HELP LEAD FINANCIALS TO ANOTHER STRONG DAY -- TECHNOLOGY SPDR TURNS UP AS SEMICONDUCTORS NEAR UPSIDE BREAKOUT -- NASDAQ INDEXES CLEAR MOVING AVERAGE LINES

by John Murphy,

Chief Technical Analyst, StockCharts.com

HOME CONSTRUCTION ISHARES CLEAR MOVING AVERAGES ... April new home sales surged to the highest level since 2008. That followed on the heels of last week's report of strong existing home sales. The prospect of newer homes being built is good for homebuilders, the economy, and the stock market....   READ MORE 

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The Balance of Technical Evidence At The Short-end Is Now Pointing Towards Higher Rates

by Martin Pring,

President, Pring Research

* A tale of two possible market scenarios * Are we there yet? * Watch those techies * The charts support a higher interest rate scenario A tale of two possible market scenarios I have been calling for a US equity market correction for the last few weeks because an overbought condition in several...   READ MORE 

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DOW AND S&P 500 REMAIN IN SIDEWAYS PATTERN AFTER PASSING ONE-YEAR ANNIVERSARY OF MAY 2015 TOP -- BOTH ARE IN SHORT-TERM PULLBACKS BUT REMAIN ABOVE THEIR 200-DAY LINES -- NASDAQ UNDERPERFORMANCE MAY BE ABOUT TO TAKE A TURN FOR THE BETTER

by John Murphy,

Chief Technical Analyst, StockCharts.com

VIX FAILS BREAKOUT ATTEMPT... My Thursday morning message showed the Volatility Index (VIX) trying to break through resistance near 17. It rose as high as 17.65 intra-day which was the highest level in two months. Fortunately, it wasn't able to close there. The good news is that...   READ MORE 

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VIX NEARS UPSIDE BREAKOUT -- SHORT TERM MARKET CORRECTION CONTINUES AS DOW AND S&P 500 HEAD TOWARD 200-DAY AVERAGES -- RISING DOLLAR WEAKENS COMMODITIES AND MULTINATIONALS -- STOCKS COULD PULL BACK TOWARD MIDDLE OF YEARLONG TRADING RANGE

by John Murphy,

Chief Technical Analyst, StockCharts.com

VIX MAY BE TURNING UP ... Chart 1 shows the Volatility (VIX) Index trying to clear 17 for the first time since early March. A rising VIX is usually associated with lower stock prices. Chart 2 shows a point & figure version of the VIX and shows a similar picture. After...   READ MORE 

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Is The Recent Superior Performance Of Oil Over Equities Sustainable?

by Martin Pring,

President, Pring Research

* The big picture for oil prices * Oil versus stocks * Commodities versus bonds-the ultimate inflation/deflation relationship * Clean-tech starting to turn around This morning ‘s MarketWatch had a story featuring a recent Goldman Sachs report favoring oil over equities. They also had another, right next to it, saying to the effect...   READ MORE 

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RISING BOND YIELDS BOOST FINANCIALS -- FINANCIAL SPDR BOUNCES OFF 200-DAY LINE -- BANK LEADERS INCLUDE REGIONS FINANCIAL, SUNTRUST, AND JP MORGAN CHASE -- PRUDENTIAL AND UNUM ARE LIFE INSURANCE LEADERS -- E*TRADE AND SCHWAB LEAD INVESTMENT SERVICE GROUP

by John Murphy,

Chief Technical Analyst, StockCharts.com

BOND YIELDS JUMP... Chart 1 shows the 10-Year Treasury Yield ($TNX) bouncing strongly today. That's partially the result of stronger economic news this week combined with higher inflation. The Consumer Price Index (CPI) for April saw the biggest gain in three years. Most of that came from rising...   READ MORE 

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AIRLINE SELLING HAS WEIGHED ON TRANSPORTS -- BUT THAT MAY BE IMPROVING -- DELTA AND UAL BOUNCE OFF FEBRUARY LOWS -- SOUTHWEST AIR SHOWS RELATIVE STRENGTH -- OIL SERVICE ETF BOUNCES OFF MOVING AVERAGES

by John Murphy,

Chief Technical Analyst, StockCharts.com

TRANSPORTS SHOW SHORT-TERM WEAKNESS... One of the market's short-term problems has been the recent downturn in transportation stocks. The daily bars in Chart 1 show the Dow Jones Transportation Average ($TRAN) slipping below its April low and trading under its moving average lines. So far, the decline has...   READ MORE 

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Using The Special K To Identify Major Trend Reversals

by Martin Pring,

President, Pring Research

Using The Special K To Identify Major Trend Reversals: * What’s the Special K saying for US equities? * Important parts of Asia are looking sick * Gold and the dollar two diverging trends At my bi-weekly Tuesday Market Roundup Webinar 2015-05-10 last week, I had a few words to say about...   READ MORE 

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BIOTECHS PULL HEALTHCARE AND NASDAQ LOWER -- BIOGEN AND GILEAD ARE BIG CAP LOSERS -- SKYWORKS SOLUTIONS AND NETFLIX LEAD QQQ LOWER -- APPLE FALLS TO NEW LOW -- NASDAQ FAILURE THREATENS UPTRENDS IN DOW AND S&P 500

by John Murphy,

Chief Technical Analyst, StockCharts.com

BIOTECHS PULL HEALTHCARE LOWER ... Healthcare is one of the day's weakest sectors. Chart 1 shows the Health Care SPDR (XLV) pulling back to retest its 50- and 200-day moving averages. Its relative strength line (top of chart) has starting to slip as well. Biotechs are the main drag...   READ MORE 

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We Were Told That Rates Were Going Up, But Government Bond Yield Charts Look Like They Are Headed South

by Martin Pring,

President, Pring Research

* Balancing out the possibilities for US equities * Show me the bullish sectors * Those rates were supposed to go up but the charts say that might not be the case Balancing out the possibilities for US equities Chart 1 shows the NYSE Composite ($NYA) and the Coppock Curve. The curve gives...   READ MORE 

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TECHNOLOGY SPDR TRIES TO BOUNCE AT KEY CHART SUPPORT -- BIG TECH STOCKS TESTING 200-DAY LINES ARE CISCO, GOOGLE, AND MICROSOFT -- FACEBOOK HITS NEW HIGH, WHILE APPLE TESTS CRITICAL CHART SUPPORT

by John Murphy,

Chief Technical Analyst, StockCharts.com

TECHNOLOGY SPDR BOUNCES OFF 200-DAY LINE ... The technology sector has been one of the market's weakest sectors over the last month. That, however, may be changing for the better. The daily bars in Chart 1 show the Technology Sector SPDR (XLK) bouncing off of its 200-day moving average...   READ MORE 

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ONLY ONE VERSION OF THE NYSE ADVANCE-DECLINE LINE HAS HIT A NEW RECORD -- THE VERSION THAT INCLUDES COMMON STOCKS ONLY HASN'T -- RECENT HISTORY FAVORS THE MORE TRADITIONAL VERSION -- NYSE COMPOSITE INDEX STALLS AT NOVEMBER HIGH

by John Murphy,

Chief Technical Analyst, StockCharts.com

THE TRADITIONAL NYAD LINE HITS NEW RECORD... Chartists look to the NYSE Advance-Decline line to help determine the trend of the stock market. The NYAD line is simply a running cumulative total of the number of advancing stocks minus decliners on the big board. And it has a good track...   READ MORE 

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All Sectors Experiencing Short-term Momentum Sell Signals. Does This Mean The February Lows Will Be Taken Out?

by Martin Pring,

President, Pring Research

* Long-term picture still mixed * Analyzing the Short-term Picture * Global equities are still vulnerable * Confidence looking questionable again * Spot the bullish sector Long-term picture still mixed A couple of weeks ago I pointed out that several long-term indicators had tentatively turned bullish and that others were not far behind. The problem...   READ MORE 

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GLOBAL STOCKS SLIDE AS MONEY MOVES INTO TREASURIES -- STAPLES AND UTILITIES SHOW RELATIVE STRENGTH -- CLOROX AND CVS ARE STAPLE LEADERS -- PFIZER HAS A STRONG DAY -- BANK INDEX PULLS BACK FROM 200-DAY AVERAGE

by John Murphy,

Chief Technical Analyst, StockCharts.com

SHORT-TERM STOCK PULLBACK DEEPENS... Global stocks are continuing the pullback that started last week. Chart 1 shows the S&P 500 heading down toward a test of its early April low and/or its moving average lines. The 14-day RSI line (top of chart) has slipped below the 50...   READ MORE 

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DOLLAR CONTINUES TO WEAKEN AS EURO AND YEN RALLY -- THAT FAVORS HIGHER COMMODITY PRICES, AND GOLD IN PARTICULAR -- GOLD INDICATORS SUPPORT HIGHER PRICES -- SO DOES THE FACT THAT GOLD MINERS ARE RISING EVEN FASTER THAN THE COMMODITY

by John Murphy,

Chief Technical Analyst, StockCharts.com

DOLLAR INDEX TESTS SUMMER LOW... The decline in the U.S. dollar continued this past week. The daily bars in Chart 1 show the US Dollar Index ($USD) falling to the lowest level since last summer. That was its lowest close since the start of 2015. Part of the dollar...   READ MORE 

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Bearish Dollar Index Signal Has Major Implications For All Kinds Of Markets And Relationships

by Martin Pring,

President, Pring Research

* Changes in key relationships * Implications for specific stock sectors of a declining dollar * The US versus the world At this week’s Market Roundup webinar, I suggested that we had reached an inflexion point for many markets as well as several Intermarket and inter-asset relationships. That inflexion point centered on...   READ MORE 

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VALUE ISHARES CONTINUE TO OUTPACE GROWTH ISHARES WHICH ARE BEING PULLED DOWN BY TECHNOLOGY SELLING -- BUT FINANCIALS, HEALTHCARE, ENERGY, AND INDUSTRIALS SECTORS ARE RISING -- BOEING CLEARS 200-DAY LINE AND LEADS DOW HIGHER

by John Murphy,

Chief Technical Analyst, StockCharts.com

ROTATION FROM GROWTH TO VALUE CONTINUES... Last Thursday I wrote about a rotation from "growth stocks" which rely on growing earnings into "value stocks" that are viewed as relatively cheap. That rotation is continuing. Chart 1 shows the S&P Value iShares (IVE) trading at...   READ MORE 

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COMMODITIES ETF CHALLENGES 200-DAY AVERAGE WHICH MAY BE PULLING TREASURY BOND YIELDS HIGHER -- HIGHER YIELDS ARE HELPING FINANCIALS -- INDUSTRIAL SPDR SIGNALS SHIFT TO ECONOMICALLY-SENSITIVE STOCKS -- RYDER, PACCAR, AND LOCKHEED MARTIN LEAD XLI HIGHER

by John Murphy,

Chief Technical Analyst, StockCharts.com

RISING COMMODITIES PULL BOND YIELDS HIGHER... The rally in commodity markets may be about to move into higher gear. Chart 1 shows the DB Commodities Tracking Index Fund (DBC) on the verge of moving above its 200-day average for the first time in two years. A weaker dollar is one...   READ MORE 

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HEALTHCARE PROVIDER INDEX REACHES SIX-MONTH HIGH -- LED BY AETNA AND ANTHEM -- RAIL INDEX TURNS UP -- LEADERS ARE NORFOLK SOUTHERN, KANSAS CITY SOUTHERN, AND UNION PACIFIC -- DOW TRANSPORTS EXCEED MAJOR RESISTANCE LINE -- S&P GROWTH ISHARES UNDERPERFORM

by John Murphy,

Chief Technical Analyst, StockCharts.com

HEALTH CARE PROVIDERS INDEX TURNS UP ... I've been writing a lot about the recent upturn in the healthcare sector. Most of my attention has been on biotechs, pharmaceuticals, and medical equipment stocks (Boston Scientific, Thermo Fisher, Zimmer, and Waters). Today's message will focus on health care...   READ MORE 

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Indicators Still Mixed As The Market Reaches All-Time Highs

by Martin Pring,

President, Pring Research

* Coppock Curve on a buy and sell? * Record high indicator signals a bull market * 6/180 PPO right on the cusp of a bull market signal * Short-term overbought condition argues for a pause * Commodities breaking to the upside * Interest rates waffling During the last couple of months I have been...   READ MORE 

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VALUE STOCKS GAIN ON GROWTH -- VALUE GROUPS INCLUDE FINANCIALS, ENERGY, AND HEALTHCARE -- STAPLES AND UTILITIES TURN DOWN ON BOUNCING BOND YIELDS -- RISING COMMODITIES HURT BOND PRICES -- VERIZON LEADS TELECOM LOWER AS DIVIDEND-PAYING STOCKS WEAKEN

by John Murphy,

Chief Technical Analyst, StockCharts.com

S&P 500 GROWTH ISHARES ARE STARTING TO LAG... For the first time since the latest bull market began in 2009, value stocks are gaining ground on growth stocks. The bull market is in its seventh year and looking very mature. One way some investors are participating in the...   READ MORE 

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FREEPORT MCMORAN AND SOUTHERN COPPER RISE WITH PRICE OF COPPER -- SILVER SHARES SURGE WITH THE COMMODITY -- SILVER STANDARD RESOURCES AND SILVER WHEATON NEAR UPSIDE BREAKOUTS -- FIRST MAJESTIC SILVER SURGES IN CANADA -- TORONTO STOCK INDEX LOOKS STRONG

by John Murphy,

Chief Technical Analyst, StockCharts.com

COPPER SHARES SURGE ON RISING PRICE OF COPPER... Money continues to flow into shares tied to industrial and precious metals. Copper shares are rising with the commodity. Copper is up nearly 2% today and 13% from its January bottom. Chart 1 shows Freeport McMoran (FCX) surging 7% to reach the...   READ MORE 

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HEALTHCARE SPDR TRADES OVER 200-DAY AVERAGE -- WATERS CORP BREAKS OUT TO NEW HIGH -- ABBV, AMGEN, AND GILEAD SHOW STRONGER CHART PATTERNS -- PHARMA IS BEING LED HIGHER BY MERCK AND BMY -- ABBOTT LABS CLEARS 200-DAY LINE

by John Murphy,

Chief Technical Analyst, StockCharts.com

HEALTHCARE SPDR CLEARS 200-DAY AVERAGE... Healthcare stocks continue to get better. The daily bars in Chart 1 show the Health Care SPDR (XLV) trading back over its 200-day average and at the highest level since the start of the year. The XLV/SPX ratio (top of chart) has been rising...   READ MORE 

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FINANCIALS HAVE A STRONG WEEK -- SO DO ECONOMICALLY-SENSITIVE MATERIALS AND INDUSTRIALS -- SMALL AND MIDCAP INDEXES TURN UP -- EQUAL-WEIGHTED S&P 500 ETF BREAKS OUT -- NYSE ADVANCE-DELINE LINE HITS NEW RECORD -- FTSE ALL-WORLD EQUITY INDEX TURNS UP

by John Murphy,

Chief Technical Analyst, StockCharts.com

FINANCIALS HAVE A STRONG WEEK... Financials went from the year's weakest sector to the strongest gainer for this past week (+3.8%). Chart 1 shows the Financials Sector SPDR (XLF) climbing to the highest level in three months and challenging its 200-day moving average (red arrow). The dotted...   READ MORE 

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Which Sectors To Hold And Which Sectors To Fold Part II

by Martin Pring,

President, Pring Research

Earlier in the week I reviewed several US market sectors from the point of view of their potential strength or weakness. In this article I’ll cover the rest and then some. If you know what I mean by the term “Nirvana Template” you can skip the next paragraph and...   READ MORE