Alon_AOB

Alon_AOB P

Market Outlook 22.06.2020 The S&P 500 moved up 1.9% this week, recovering some losses from the last week. The Nasdaq Composite moved higher with a 3.7% gain. Eight of the 11 S&P 500 sectors finished the week in positive territory. Health care +3.1% Information technology +2.8% Consumer staples +2.4%, Consumer discretionary +2.3% On the downside ...

Alon_AOB P

Market headline: Stock indexes decline in the worst week since March The S&P500 started the week meeting a significant milestone: it was positive for the year! plus the Nasdaq Composite finally rose above 10,000 - but went downhill from there as it surrendered to profit-taking that turned to be the worst week since March. The S&P 500 fell 4.8%, the Nasdaq fell...

Alon_AOB P

LCTX Lineage Cell Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing and commercializing therapies for the treatment of degenerative diseases in the United States and internationally. The company has a collaboration with Orbit Biomedical, Ltd. The company was formerly known as BioTime, Inc. and changed its name to Lineage Cell...

Alon_AOB P

Hello traders, XpresSpa Group, Inc., a health and wellness services company, provides spa services and related products at airports. The company offers massage services for the neck, back, feet, and whole body; nail care, including pedicures, manicures, and polish changes; travel products, such as neck pillows, blankets, and massage tools; and cryotherapy...

Alon_AOB P

Hello traders, Market Outlook 01.06.2020 S&P 500 above its 200-day moving average following a broad sector recovery The stock market extended its rally this week on continued optimism about an economic recovery and a fear of missing out on further gains. The S&P500 was up +3.0% for the week, base on a nice uptrend in All 11 S&P 500 sectors which had finished...

Alon_AOB P

Hello Traders, Analyzing AMD from the technical perspective, we see that the peak was reached at 57$, After that, the stock retraced some of the gains and went back to the support of 52$ and the stock is now ready for the next leg up. Our stop loss is set at 49$, a healthy 3$ spread, there is a greater chance that the stock will move to the upside but in case it...

Alon_AOB P

Hello traders, Market Outlook 18.05.2020 This week the stock market returned to positive territory with big technology companies leading the heard. The stock market was up this week with the S&P 500 +3.2% to end the week at 2955.45. Moderna (MRNA) was responsible for most of the earnings this week after announcing they have preliminary results for a coronavirus...

Alon_AOB P

Market Outlook 18.05.2020 This week the stock market returned to positive territory with big technology companies leading the heard. Stocks decline las week after Fed J.Powell earns about recovery, US-China tensions increase The stock was down this week with the S&P 500 down -2.3% to 2863.7. This week continued the previous few weeks high volatility environment...

Alon_AOB P

Hello traders, The S&P 500 lost 1.9% last week ending the week at 283, below the next resistance of 285, as more and more countries around the world reach deep into the government pockets to get the much-needed funds to get the world economy going once again. The US, Europe and other global markets declined last week as a meltdown in oil prices increased...

Alon_AOB P

Market Outlook 19.04.2020 The S&P 500 gained 2.7% last week ending the week at 287.5, very close to the next resistance of 290, as more and more countries around the world reach deep into the government pockets to get the much-needed funds to get the world economy going once again. The next quarter is going to be much about the companies earning report and the...

Alon_AOB P

Hello traders, The stock market continued to rally last week as trader risk appetite continued to increase with the Fed announcing more stimulus action. The S&P 500 gained 12.1% in one of the best weeks since the 90's The coronavirus situation is starting to be a little bit more optimistic as some countries like Italy and Spain start to see their curve flattening...

Alon_AOB P

Hello traders, SPY had completed a 1-2-3 pattern and is consolidating its price pattern, this is very good technical news as price returned to standard behavior after moving wildly and unpredictably. The current trade range is 245-265 in the short term, any move above the 265( which our model begins to increase the probability for! ) will provide a bullish short...

Alon_AOB P

Hello traders, SPY Had just completed a 1-2-3 pattern confirming the 265 as the short term top. Our technical analysis models predict a downtern next week re-testing the 220 lows, There is mote than 50% that the low of the 220 will break marking the 200 as the next level to watch. breaking the 220 level will trigger a strong short trigger for SPY and other weak...

Alon_AOB P

Hello traders, SPY dropped 35% since its all-time high in the last 5 weeks, At the moment traders are looking for direction and any estimate is just that .. an estimate. Our models set two lines for SPY to cross and trigger a meaningful alert. 245 to the upside, crossing this line to the upside should increase risk in the long portfolio, the second line for long...

Alon_AOB P

Hello traders, As we are approaching the end of this volatile week of trading, I would like to conclude it with these insights : 1. The fed proved once again they contribute to the short term volatility instead of doing their job and keep stability in the markets, firing their entire arsenal at a problem that is has a small financial base (and a big psychological...

Alon_AOB P

Hello traders, The market had its first trade halt since 2008, and volatility is extremely high (more than 4 times the average), Trading the market is challenging. Our models have set two checkpoints for the market to make a short term decision: 270 - is the short term support for the S&P500, breaking that support would generate another leg to the downside ...

Alon_AOB P

Hello traders, The market is in complete chaos in the last two trading weeks, the volatility is high with daily swings that we haven't seen in years, the coronavirus is driving fear up the wall and the market is in no-decision point, these are challenging times to trade equities and so in order to guide our trade we put two lines in the sand to assist making the...

Alon_AOB P

Hello traders, GLD was spotted on the AlphaOverBeta radar as forming ( Asymmetric) double top bearish formation, this usually means that the next move is to the downside, The formation is incomplete and will be completed once the price pattern goes below the 145.5$ level , watch out for this formation since its a high probability trigger, once formed, which may...