This earnings season is very unique. For the first in around 10 years, we have stocks reporting earnings during a major market correction. There are signs of a major trend change in the overall market trend, which has been in a non-stop bull market since 2009. You are going to see a lot of similar …
Apple is everybody’s stock of the week for good reason. As Apple goes, so does the Nasdaq, and the market in general. It is nearing all time highs. It has made a nice run from the original $120 breakout level. Did I mention that it also reports earnings after the market close today? We entered …
Quick Summary: SPY mixed signals. IWM cup and handle setup. The Weekend video goes over 12 great stocks not on the focus list. AAPL, AIRM, PANW, MNST, SCTY, LDRH and BITA start the week’s focus list. Video Analysis (5 minutes): The Weekend Video goes over some stocks ready to make big moves that are not …
Update after original post – this could help the market tomorrow on possible drop in dollar. Good evening, team Bulls. Yup, textbook technical reversal today. Even with the good earnings reports, the market faded all afternoon on continued worries about the debt ceiling and other issues I’ll get to below. Before I dive into my …
Here is a video recap of a few stocks we probably should have been involved in Friday for nice scalps. If you have any questions, let me know.
Summary: Market is sitting on support levels in the macro view with many stocks sitting on or failing below support. Libya and Japan continue to the fuel the bears as bulls trade nervously. In other words, it will be harder to go up than down in this environment. With even America’s pride and joy consumer company, …