eBay has been showing signs of weakness as it struggles to pass the historical 54 resistance level. If it keeps this reluctant behavior, I am afraid we are going to have no choice but to short.
"Boeing to pay more than 2.5 Billion to settle criminal conspiracy charge over 737 Max" (CNBC Business) As for the technical analysis. We can see that BA has hit its strong resistance not too long ago. This stock should fall back to its support level around 170 or even lower.
It might drop some more or It might shoot back up. Whatever the case may be, it's safe to say that BABA, as of right now, it a good no GREAT deal. Buy Shares, Buy Calls months out, just BUY BUY BUY hahahahahahahhah. Once in a lifetime deal !!
I love bank stocks and the reason is that it is slow and predictable. It is almost identical to the economy. If the economy fluctuates, it will indeed replicate every movement... more or less