AAPL- Leading again…rounding a cup pattern…but 5th stage base. AMZN- Riding up 50 day…a little slow and crappy earnings. ALXN- Pullback mode after breaking out. BIIB- Again strong…nowhere to buy…blah numbers. CRUS- Pulling into 50 day…needs to hold it. SEMIS very weak group. CERN- Now trading a little wide and loose…had better hold the 50…
V is a failed breakout…and especially looking at MA…sell V. Fortunately, AAPL continues to work well.
Futures down a wee bit. AAPL stop is if it breaks below $600….keeping decent gain. V and MA downgraded to a SELL by an analyst. Never thought they had sells. V down over 42. Will let you know as it opens below pivot making it a potential failed breakout. In this environment, we will…
Back in the USA. I get to drive in traffic tomorrow instead of cruising the Mediteranean…whahhhh! IF the market is going to have a much better move from here, than why did the clouds crumble on Friday? Why did the semis croak? Why did software and a lot of tech get smoked? Just questions…
[email_link]
[email_link] Another stimulus-backed solar panel maker, one the president touted in a weekly radio address, is filing for bankruptcy. The administration’s green-energy efforts continue to grow a deeper shade of red. After receiving some $70 million in federal loans, Abound Solar, a Colorado-based firm that was developing thin-film solar panels, has announced it will follow…
[email_link] Yes…there for the little guy. But first, let’s take care of our buddies, our friends, our ex-staffers. The unreported corruption continues…and we continue to tell you, the supine, lapdog, paws in the air, tongues wagging, even more corrupt mainstream media refuses to report the hundreds of billions of your taxpayer dollars used as a…
I am traveling the first part of today…so will be on plane when the fake jpb’s number comes out as well as the reaction. Market helped by retail yesterday as semis,commods and financials felt pressure. In retail, dollar discount stores held support off of ROST comps…DLTR and ROST came right off the 50 day….
[email_link] Officials have already drafted 13,000 pages of new regulations for the new ObamaTax law. FOX News reported: With the Supreme Court giving President Obama’s new health care law a green light, federal and state officials are turning to implementation of the law — a lengthy and massive undertaking still in its early stages, but already…
[email_link] THERE IS NO MANIPULATION. JUST ASK THE MANIPULATORS! LONDON—A day after abruptly resigning amid a mushrooming scandal over interest-rate manipulation, former Barclays PLC chief Robert Diamond on Wednesday was assailed by British lawmakers for the bank’s actions, in a preview of the scrutiny likely to lie ahead for other big lenders that are under…
