Today broke resistance completing an Ascending Continuation Triangle...highly bullish. As it took 15 days to form this is the time it will take to reach target.. Maybe faster if quarter end Window dressing occurs next week.
I think if you look at history the market does better when Democratic President in office.
My concern is if Impeachment talks heat up....what would help the marketis is the elimination of Obamacare
some get their jollies from rating my posts thumbs down, even when I simply repeat the news.
Guess they think they are contributing to this boards common good. Well at least my posts are being read....
This week Contrarian Trader is calling for the start of a major correction down to 1750. He cites chart patterns same as 2007 . Also Margin Interest at historical levels. He does present a compelling story and charts to support. Thoughts ?
DA Davidson raises TP of SWKS TO $70...stock responding up more than $1 pm....Strange how much better SWKS respons than MU...getting tired of dead money MU investment past 3 months while SWKS, TQNT, HPQ, SWIN and others go forward....
She is the poster child of Bears and the favorite of CNBC when they want to fuel a market slide...I'm surprised she is not CNBC's reporter on Ebola...
Many stocks influence by Option Expiration Friday,
AAPL keeps running...keeps me bullish
SWKS strong and looking to move up from poor opening..other semis look good
BABA was down and now moving up...perhaps finished with sell off past week. New bond today may help.
AMBA down big at open. Perhaps due to GPRO secondary pricing. Buyers coming in...upgraded earlier in week. Someone selling
NUGT screwed up and sold some yesterday...need to believe in myself more.Up on inflation fears. Gold may have bottomed.
BABA has broken a pattern and may be a buy. Past week saw downside at open and continued...not today. Also a large block on buyside at close daily. Someone other than me likes this.
Leading Indicators just released, and home sales, strong....Phly Fed Huge ! BULLISH !
Market will be or should be Bright
thank you bikiniblue...you had courage in buying BABA. I just think it is a great stock long term.
AMBA is another one I like just wish I bought much lower. Today's price action shows me there are buyers.
No need to call people names. Most of us believe MU is a good long term stock. We do get frustrated at how poorly stock acts compared to fundamentals. Semis now popping including MU, NXPI, SWKS.
Long #$%$ don't put down this board by name calling. We are here to help each other...at least I am.
PS buying back TWTR.
Leading market up...MU, SNDK, NXPI,SWKS,AMBA,TQNT....moving strong. Checkout SOXL....add social media, FB, TWTR, plus CENX and market loooks better...GILD down huge on news a generic Hep C drug will be available...was down to 97 now 103.
Still do not like this market but bullish on economy............Semi sector
AGREE ! Although the longer it sets a base the more it will pop....just like sex I guess.
I have a bunch of MU but not adding...buying SIMO,SWKS, SWIR, LCI...buyback TQNT next week...chart too good to deny.
SWKS not holding up like MU...
TWTR up nicely
NQ not sure why but this one has run all week
ATHM Up 18% last week and still going.
BITA following ATHM
Overall not a buyer...Concerned with AAPL report AH. If they miss whisper numbers market will suffer....
My positions...AAPL, BAC, BABA, FB, MU, SWKS, TWTR. I would add to MU and TWTR Tuesday.
VDSI...Mistake in selling
Solar moving up but staying away unless I buy TAN the ETF
Builders/Materials moving perhaps due to bullish report...LL interesting but staying away from sector
Energy up ..I mentioned the spec ERX...never bought should have... EOG, DVN,maybe MTDR favorites.
SWIR is one I want to add...machine to machine connectivity...still feel I should just keep adding to SWKS.
BABA a buy sorry I sold any today...filling gap from Monday open ...traders chasing.
Nice day hope it holds....Interesting spin I heard on Europe...If continues weak Fed becomes reluctant to make interest rate change.