Tag: stock chart analysis
Utilities Sector ETF (XLU) Threatening Upside Breakout
Today’s chart is the Utilities Sector SPDR (XLU). The overall thesis here is that utilities are starting to emerge as potential leadership.
For the record,...
Seagate Technology (STX) Misses Earnings – Cycles Point Lower for Stock
Seagate Technology (STX) reported earnings after-hours on Tuesday.
The company reported adjusted EPS of $1.20, which missed consensus estimates of $1.29. Revenue came in at...
F5 Network (FFIV) Beats on Earnings But Stock Sells off –...
F5 Network (FFIV) reported earnings after the bell on Monday.
FFIV reported non-GAAP EPS of $2.18, which beat consensus estimates of $2.03.
F5 Network reported revenue...
Is Nasdaq Correction Over… Or Just Beginning? (Guideposts to Watch)
Tech stocks have been the undisputed Champ in 2020, rising sharply out of the March stock market low.
Clearly, the work remotely, order online, app-friendly...
Who Says You Can’t Time the Stock Market?
First it was the Junk Bonds ETF (JNK) closing above its 50-week moving average on Friday.
Then today Junk bonds rallied again, with JNK rallying...
Citigroup Raises Price Target On KLAC, Cycles Point To Minor Pullback
KLA Corp (KLAC) Weekly Chart
This morning, Citigroup raised their price target on KLA Corp (KLAC) from $178 to $214 while maintaining a buy rating...
Nasdaq 100 Futures Trigger Trading Buy Signal
The Nasdaq 100 August Futures triggered two buy signals this morning.
The first chart (above) is from trading software that my firm uses and has...
Stock Market Update: Investors Should Watch Tech and Retail Sectors
In the world of large cap and technology stocks, Friday was an interesting trading day in the stock market.
Lots of large cap tech stocks...
S&P 500 Index Reversal: Investors Watch These Price Support Levels
S&P 500 ETF (SPY) Trading Outlook (3-5 Days): Bearish
A minor selloff looks underway for the major stock market indices. The decline thus far has...
Stock Market Today: Minor Pullback or Bigger Reversal?
Stocks went from green to red on Thursday as investors sold stocks into the afternoon session on concerns about a probe into Apple (AAPL)...
