Stock Updates - 10/28/2015

An update for these stocks: AAPL, FB, AMZN, NFLX, GOOGL, TWTR, TSLA, IBB, BAC, MS, C, JPM & GS.

Market Recap - 10/28/2015

Today was FOMC announcement day and as expected, no rate hike. Just moment before the announcement, the market was up with the DJI up more than 100 points. Within minutes, most of these gains were wiped out by the negative reaction to the FED statement stating it is worrying about the global slow down. As quickly as the market sold off, buyers step in and bought the market back up. At the close, the market ended higher than it was when the FOMC announcement came out. It is almost like the flip image of last FOMC announcement day in September.

Earnings Watch For Next Week

Next Tuesday, three high profile stocks will be reporting their Q3 earnings, and they are BABA, AAPL & TWTR.

Breadth Improving

The NYSE A/D line has reached the July 20, 2015 level while the SPX has risen back to level near August 19, 2015. This shows the A/D has improved much more than the index, and that is a good sign if it continues. The new high/new low is also back above zero, that mean there are more issues making new 52 week high than 52 week low, another sign of improving breadth.

The Big Channel

Here are the weekly charts of the indices showing price still trending within a multi-years price channel and holding above the support trendline.

Market Continues To Move Higher

The market had another explosive day. One can say it was due to the possibility of more easing from the ECB or it’s just the funds saw it as an opportunity to load up after yesterday’s minor pullback. But whatever the reason might be, the market will always do what it wants to do and at the present, it wants to move higher.

Market Recap & Stock Update - 10/21/2015

A recap of today's price action and an update for these stocks: AAPL, FB, AMZN, NFLX, GOOGL, TWTR, TSLA, FIT, GPRO.

Market Recap & Stock Update - 10/20/2015

A review of the market and the following stocks: AAPL, FB, AMZN, NFLX, GOOGL, TWTR, TSLA, IBB, FIT & GPRO.

What Level GS Might Be Targeting?

In this video, we will attempt to find clues to help us to determine where GS might be headed before this week’s OpEx. We will look at the recent price action of GS from different time frames to search for clues.

Market Recap & Stock Update - 10/19/2015

A recap of today's market price action and an update on the following stocks: AAPL, FB, AMZN, NFLX, GOOGL, TWTR, TSLA, IBB, MS, JPM, BAC, C, GS.

The Significance Of September 28, 2015

What is the significance about September 28, 2015? I’m sure it has significance to many people in many different ways, but to the market, it could be the day when it made a corrective bottom for the recent corrective phase.

Still Believe Rate Hike In 2015?

Look at the chart for the 20+ year treasury bond ETF, TLT. Do you still believe the FED will raise rate in 2015? The market doesn’t believe it will. Pay attention to the Q4 projections & guidance from companies reporting their Q3 earnings. Watch and listen for these key words; “cost reduction”, “reduce spending”, and the dreaded “workforce reduction” or “R.I.F” (Reduction-In-Force, a more politically correct acronym for ‘layoff’). The US economy is not ready for a rate hike, and the FED knows it. Its talk about a possible rate hike this year is just rhetoric.

Market Recap & Stock Update - 10/12/15

A recap of the market & these momo stocks: AAPL, FB, AMZN, NFLX, GOOGL, TWTR, TSLA, IBB, JPM, SPY.

Weekend Market Recap & Stock Update - 10/11/2015

A review of the market and some stocks, and some potential price levels to watch for the coming week.

Market Recap & Stock Update - 10/8/2015

A recap of today's market action and an update on AAPL, FB, AMZN, NFLX, GOOGL, TWTR, TSLA, IBB, MS, JPM, BAC, C.

Market Recap & Stock Update - 10/7/2015

A recap of today's market action and an update on AAPL FB AMZN NFLX GOOGL TWTR TSLA IBB.

Market Recap & Stock Update - 10/6/2015

A recap of today's market & the following momo stocks: AAPL FB AMZN NFLX GOOGL TWTR TSLA IBB TLT UUP.

Weekly Market Recap & Stock Update - 10/4/2015

A review of the market & momo stocks: AAPL FB AMZN NFLX GOOGL TWTR TSLA IBB TLT UUP DX_F.

Market Recap & Stock Update - 10/1/2015

A brief update of the market and these momo stocks: AAPL FB AMZN NFLX GOOGL TWTR TSLA IBB.