AMD, Roku, Netflix, Twitter Likely To Lead Stocks Higher On January 8 following significant gains on Monday and Friday.
Trade truce or not the bull is back on Wall Street and is one hurdle away from a potentially strong finish to the year 2018.
The chip stocks have been battered, and there be even more pain to come.
Banks, Intel, Micron, Square, Twitter, P&G Well, it was another positive day for stocks, with the S&P 500 rising another 30 bps, and closing the week at 2,779. We are now less than 1 percent away from 2,800, and it doesn’t get better than that! It wasn’t technology or biotech’s turn to lead the market … Read more
Tomorrow Is An Extremely Important Day For The Stock Market Starting today, I am experimenting with a mid-day trading update. It will be a quick snapshot of the days market action, and a couple of things I’m watching. For now, the only way to get sent it directly to you will be through push notification. If … Read more
8 Stocks and 3 Sectors To Watch For The Week Of April 2! The first quarter ended on a positive note, with the S&P 500 finishing Thursday higher by about 1.4 percent. It appears for now that a double bottom has been put into place on the index when looking at the intraday charts, and … Read more
The Stock Market Breaks Out, Is The Bottom Now In Place? We made it, the week, the month, and the quarter are all concluding together, and it couldn’t have come at a better time. The stock market is in rally mode, with the S&P 500 up about 1.7 percent as of 2:45, and the NASDAQ … Read more
Predicting Micron, Plus Did The Stock Market Get The Fed All Wrong? It is another snow day here on Long Island, but when I was outside shoveling, I felt somewhat disappointed I didn’t get to use the snowblower. The forecasters were calling for about 15 inches of snow, but I think we may have gotten 4 … Read more
Twitter and AMD Options Stand Out, Is There A Double Top In Biotech? The stock market overall had another dull day, with the S&P 500 down less than 10 bps, closing at 2,747. Like I had mentioned yesterday, the S&P managed to hang around support at 2,746. Again, there is a chance we could try … Read more
Acadia and Facebook Rise, Twitter Slumps, More To Come The stock market continues its advance in 2018, and this time it was the Biotech group that led the market higher after Celgene announced it was acquiring Juno, and Sanofi buying Bioverativ. It led a massive breakout in the group, the one we had been eagerly waiting … Read more