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Banks Bounce But Far From a Victory, Plus Micron Netflix, Amazon, and Oil

Banks Bounce But Far From a Victory, Plus Micron Netflix, Amazon, Oil, and the Dollar MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NETFLIX Well, it was bound to happen eventually right? That’s right; the bank stock went up today! Yay! The BKX and XLF were both down more than 6 percent …

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The Banks Break With More Downside To Come, Plus Netflix, Amazon, Chips

The Banks Break With More Downside To Come, Plus Netflix, Amazon, Chips MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NFLX It certainly has become clear what happens to the stock market now when technology, biotech, and discretionary are not involved, and it is not good. If these sectors do not rally soon than …

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Amazon, Microsoft, Alphabet, Netflix Heading Higher, as Banks Plunge – The Week of June 18

Amazon, Microsoft, Alphabet, Netflix Heading Higher, as Banks Plunge – The Week of June 18 MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NFLX and googl The Week of June 18 The stock market rally will likely continue the week of June 18. The setup in the charts is still overly bullish for …

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Banks, Bets, Breakouts, and Blame – Freaky Friday

Banks, Bets, Breakouts, and Blame – Freaky Friday It was another exciting day in the stock market. Nah not really,  it was mostly uneventful. Technicals continue to dominate trading, with the S&P 500 testing resistance at 2,672, and testing support at 2,647, at the end of the day, we closed at 2,656. Taking A Look The …

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Technology Stocks Are Getting Ready To Go Higher, Plus Much More

Technology Stocks Are Getting Ready To Go Higher There were a couple of positive developments today. First, the S&P was higher, by 83bps, and closed at 2,663. Next, the close above that pesky resistance level at 2,660 we had been watching. Today also established that 2,672 is now the next resistance area. The last two times …

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