yea this is weird for all 3 of them to miss, well sbux has been shaky lately on earnings, but msft and googl have been on fire, this is interesting. even with earnings as a whole revised down , companies are still missing.
Not giving up on bullish stance just yet on the S&P. We could test support at 2075 and bounce off that and resume up. If that happens uptrend should continue and break 2100 again we'll test resistance at 2130. If not and we resume down below 2075 I'll expect to test support at 2050 and return upwards. If that happens it will look like consolidation and sideways trend between 2050 and 2100. If we break below 2050 that will signal bearish and another possible correction. Either way it will probably take a few days to decide which way we are going.
Will be interesting to see what the yen does here, as well as the usd. LT resistance has become support and it has closed the gap and doing a retest now. The yen, historically, has been at much higher values. USD is sitting on support now as well. Value stocks are getting more attention lately as well.
one to watch here: SPX outperforming this one quite a bit, all signs are weak. I suppose we should be buying it here, eh?
~ 18,000 looks like a hard spot to beat. Will oil going higher help with breaking above 18,000? I don't think the monthly chart looks that great anymore.
man i dont even know what oil is running on. we still have over supply, the dollar has been up lately, but none of that matters, oil just keeps skyrocketing....wtf?
Its the future! AMD cards are actually ok now, just need nvidia to stop outselling them in every possible location!
What is going on with FB? Down almost 4%. Any bad news? Or is it just because all mega cap stocks have been getting killed with ERs lately?
They have a lot of cards on the table including a big fat contract from a company in China and they took 83% market share of of Global VR system. Supposedly they are supposed to be in talks with Intel. Now up .97 at a 37% jump
