Still long today we got losses but... i guess 5G is QCOM and lot of profits for QCOM are to come as well gubernamental contracts. just my guess do your investigation, on technical side look nice to buy, i mean good momentum, for sure maybe tomorrow it still goes down and is a even a better momentum not sure but now it ´s not bad decisions are at your own risk get...
That ‘ s the big picture for Qualcomm, we have to break the resistance in white line to reach all times high Good Luck Charlie
I guess it could be a good momentum, for the stock, from where we are $137.5 to the upper green line on my chart, approximately $143 or $144, i personally expect in mid term $170 but as you must know technical análisis can help to manage risk, and make a decision, but can ‘t not predict probability, or certainty Happy trading Good luck Charlie
The S&P 500 was dominated by three growth sectors for the week, finishing the week with a big 2.71% gain and another new all-time high. Technology (XLK) finished the week as the top sector, taking the top spot on Thursday and Friday as big tech companies solidified breakouts from their recent consolidations. Likewise, Consumer Discretionary (XLY) and...
Communications (XLC) did not top the sector list for a single day, but it's steady gains throughout the week put it at the top of the weekly chart. Utilities (XLU) started the week on top. Investors were nervous on Monday about the lasting impact of the Suez Canal blockage and whether a $20b fire sale of Archegos investments would grow or even expand to other...
XLK hourly chart shows we could be in a sideways market here before we finally make the wave (3) rally that could reach 147 -150 with an impulsive 5 waves to the upside.
There were several change of winners and losers during a week that ended with the S&P 500 at a record close. Technology (XLK) led for the first two days of the week, was sold off heavily on Wednesday and Thursday, but then ended the week with a huge gain on Friday, putting it in third place. Utilities (XLU) took over the top spot on Thursday as investors became...
Possible breakout for XLK. If not, inverse head and shoulders.
One month performance $SPX $XLF $XLE $XLK $XLY $XLE & $XLF explains most of the $SPX performance of the past month but they are starting to roll over. Rotation back into tech?
Inflation, yields and the fed, oh my! The sectors were all over the place this week, all driven by nervousness about an overheating economy and how the fed might react. Monday started the week with the defensive sector Utilities (XLU) at the top. On Tuesday, Retail sales data for February showed the economy wasn't overheating and inflation may not be on the...
massive bull flag on facebook if the market continues higher 70% odds I'll be trading the 300/305 call spread and several strikes otm calls expiring through 3/26-/4/1
It was a wild week for the sectors as investors rotated in and out of Technology and Communications stocks. All sectors ended the week with gains. Consumer Discretionary (XLY) was the big winner. Large stimulus checks will be delivered soon that are expected to be poured into the economy via consumer spending on both needs and wants. Technology (XLK) and...
If you kept your eyes only on big tech and growth stocks, you might have missed that many sectors had fairly good advances this week. The sector chart supports the thesis that there is an outsized rotation in progress that is presenting as a correction, but that there is still a level of support in the broader equities market. The top two sectors, Energy (XLE)...
A-B-C may be complete with a hammer of the 300 strike although risk to 200dma early next week if doesn't hold $NDX $NQ_F $XLK $SOX $FB $AMZN $AAPL $MSFT $NFLX $GOOG $TSLA $SPY $VIX #ElliottWave #Stocks 📉
The market is still giving conflicting signals about the tech sectors. Even though many individual stock got cut in half already from the high, the XLK and QQQ are still holding up relatively well. When will we see the big down move or are we going to see it at all is even one's guess. OBV (on the 3 day chart) and CMF on the daily (and 3 days, etc.) are still...
It appears a head-and-shoulders pattern is beginning to form on the XLK. If the right shoulder fully forms, look out below!
Apple short interest has more than doubled in the last week, the tech sector isn't looking very swell right now, find out a technical analytical point of view from a software developer / data-scientist. For educational purposes only! Thanks for watching, stay tuned!
It's a good week to take a close look at the sectors and see how the market moved around during pullbacks in the major indexes. Energy (XLE) and Financials (XLF) were joined at the hip, finding themselves at the top of the sector list on Monday and Wednesday and at the bottom of the list on Friday. However the days spent at the top were enough to allow them to...