$CF finished the last two days with +250% volume over its 50d avg over the past two session (exceeding over $450mil on each day!)
remains within a 4 months trend channel. closing price is just beneath AVWAP from ATH. one of the few names trading above 10 and 200MA specifically.
$UTZ one of the few names in my WL that could hold its 50MA. base with inverse head and shoulder pattern.
decent fundamentals but key for me now is price action of name that could hold a market sell down.
Investors will be preparing for the busiest week of earnings season, with focus turning to reports from several tech giants including Apple ($AAPL), Alphabet ($GOOGL), Amazon ($AMZN), Microsoft ($MSFT) and Facebook ($FB).
There are also some key economic reports in the coming week, including a first look at U.S. third quarter GDP (Advance GDP) on Thursday....
Investors will be waiting for the FOMC minutes due Wednesday for further clarification on the next monetary policy steps to direct the market in the week ahead. At its July meeting, the Federal Reserve left monetary policy unchanged, but said asset purchases could start being reduced soon amid signs of a solid recovery in the US labor market and temporary...
