Unbelievable. Earnings reports this week show U.S. consumer stocks are doing pretty awesome. We had beats this week from consumer sensitive/cyclical stocks like: Amazon, Coca-Cola, Dunkin Brands, Domino’s Pizza, and Dr Pepper Snapple Group. Restaurant stocks are also getting some nice earnings growth. Boris Schlossberg of BK Asset Management said, “We are finally...
European stocks are out performing U.S. stocks. European stocks are up +7% in 2015 as of market close on 4/17/2015. The S&P 500 is up +1% in 2015. The global financial oligarchy has deemed the U.S. stock market's bull rally at 6+ years should now come to an end or at the very least, drastically slow down. Meanwhile, the coordinated central bank action is to...
ALCOA shares stock accumulation at current levels. Notes on chart
Notes on chart. Accumulation occuring at current price level. Prices are near major trend support line.
MSFT broke support. Short MSFT, resistance line will act as trailing stop loss.
Retracement exhausted. Will be L Citi shares. Trend line number 3 will act as a trailing stop loss
Continuation for the reversal from C. Not far from D for another PRZ
Took B Point Short with Projected CD. Should now want to reverse back up to D around 45.62. Stochastics are ready to cross up as well.
ABCD Formation with PRZ at D giving indication to short. Has been in play for 3 days so far.