Russell is the problem child today. First, XLE broke some critical support. Last nights numbers saw a draw on crude national reserves and 10:30 today the real inventories hit the tape. I see serious damage to the crude trade hit yesterday and watch pop as sellable events. Second, GILD really disappointed which will likely weigh heavily on the RUT today. ...
Oil taking IWM down with it. Very bearish pattern setting up here.
Is MCD putting in a technical top here?
April marked an AAPl market high. here we go again but despite AAPLs recent run up it is clear with the fib channel that momentum into earnings is lessening. Are we marking yet another top?
up trend is long in the tooth. We should see less upward momentum traders at these levels. Still a solid bullish pattern.
Is that it for the NVDA run? Definite reason to think good news is all priced in here.
AMD major disappointment today. semi heading into seasonal weakness august time frame. Might be carving out a top here.
Post IBM woes I think INTC is the next casualty. It's been hugging this trend line way too long.
Not quite the bearish response I was looking for. I am thinking the travel ban might impact this high flier.
Big question on everyone's mind. Is it toast or a great buying opportunity?
I would of thought increased market share was a big positive for XLE Energy Sector but they sure are not pricing it in at all. I sure would not want to bet against the energy trend into earnings in the morning. I actually think HAL should do better than last quarter. I can't wait to see the results. My gut says XLE stocks catch a bid tomorrow.
This sure looks like a last gasp push before autos start reporting this week. It is difficult to short while TSLA is still trading in the accumulation zone.
I don't believe investors realize how businesses pulling ads can impact internet advertising. Keep in mind social media ads are still a fledgling industry. Each time a scandal hits resulting in ads pulled does it impact similar platforms? I say yes. Supply and demand. A boycott by advertisers forces lower pricing to fill those slots. I don't believe the...
I know news is quite positive for Boeings commercial and defense expectations. There are rumors they are first in line for a large training aircraft defense contract. They also seem to be booking nice commercial airline replacement orders. A little concerning that this is trading above long term monthly trend while the markets are showing cracks at the seams. ...
I prefer using log scale for high flying stocks. You can clearly tell Googl upward momentum is abating. We all know 250 advertisers dropped adds on youtube due to offensive content. Now googl is working on the issue but once you loose advertising you also loose pricing power. Getting advertisers back will likely come at a discount cost. Google faces lower add...
Looking like Home Builders about to continue to new highs. Earnings season is heating up.