AAPL-the Aftermath. I'm pretty certain those AAPL longs are wishing for Silence of the Lambs. Price action on the daily NASDAQ chart looks like a tear drop. However, the moving averages are about to cross back to golden. S&P 500 …
I am writing this while AAPL digests the miss on earnings and NFLX digests the beat. So, what could that do to the market? A couple of caveats as we continue overbought on the near term Relative Strength Indicators-first, the …
I am writing this while AAPL digests the miss on earnings and NFLX digests the beat. So, what could that do to the market? A couple of caveats as we continue overbought on the near term Relative Strength Indicators-first, the …
First round of the big guns reported. All reported better than expected and all rallied substantially post market. That could mean a good run coming in technology (XLK) and semiconductors. That could also mean profit taking in energy, oil and …
First round of the big guns reported. All reported better than expected and all rallied substantially post market. That could mean a good run coming in technology (XLK) and semiconductors. That could also mean profit taking in energy, oil and …
You can't keep a good market down! Some decent volume came in on Friday, partly because of options expiration and partly because the rally is starting to feel real, even to the doubters. Now, for those who subscribe to Murphy's …
Although I always get a little antsy when the indexes take out key resistance points then close below them after a strong up day, I also know that a move in the direction of the trend, is a good thing. …
Although I always get a little antsy when the indexes take out key resistance points then close below them after a strong up day, I also know that a move in the direction of the trend, is a good thing. …
Lot of inside days in a couple of indexes and sectors. Also, not unexpected, a rally in AAPL brought buyers to NASDAQ which cleared the fast moving average. Russell 2000 and the Dow had the inside days. S&P 500 a …
Lot of inside days in a couple of indexes and sectors. Also, not unexpected, a rally in AAPL brought buyers to NASDAQ which cleared the fast moving average. Russell 2000 and the Dow had the inside days. S&P 500 a …
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