The aluminum company reported earnings today after the bell. The company reported a 0.07 cent gain. Let’s get to the technicals: Alcoa is inside month and outside week but, sideways very tight channel here. I think this stock is a sell, under $10 bucks that isn’t the problem. The problem is the industry has been having trouble finding ground of aluminum. $AA since...
This week I am watching CitiGroup $C along with some more financial stocks but, we’re focusing on CitiGroup $C. Back in January CitiGroup $C tried to held the $41.68 but, failed miserably and made a low at $34.43. We are not quickly to test $44-45 after the first test of $44.15 but, we had slightly higher high and lows in the triangle but, They made a low that I...
This week I am watching CSX Corporation $CSX This is a another view within the Transports, And this just a rolling hill to the downside. I am also interesting in CSX and Canadian Pacific $CP talk but the stock of CSX hates it. Anyway, Both of these companies has dividends which they are not much as a shareholders. I think it is a buy for the dividend play.
this week I am watching Delta Air $DAL because they are reporting earnings on Thursday, We have talked about this two months ago. Not much has changed since Delta Air $DAL was back in the $40.48 rage and pop back up to $46-$53 rage. My prediction is Delta Air $DAL will move on earnings, I don’t know how traffic has been , but Oil has been a friend to the airline...
This was a research report that was done by Pacific Crest Securities and featured in Barrons Paper. Pacific Crest Securities said that this company is an overweight rating I can disagree with Pacific Crest Securities. I think this “Entertainment” company is a sell this is just junk. Now if the “UFC” decided to go public and shareholders of the company. I see a...
on Wednesday afternoon Cramer featured this company and he pointed out that XRX has a double bottom a.k.a. “W” pattern and went up to $10.83 as 3/30/16, my personal prediction is can Xerox take out $11.50? I also don’t think it’s a buy
The last post was last Saturday. We got an wide “W” But, Back into the $2035 neighborhood. I think that we are going to test $1990.39 support. Let’s talk about the pig aka Oil, We are going to use Velocity Shares 3X Inverse Crude $DWTI chart . This pig is not going to recover from the oil debacle. SPX doesn’t care let’s go higher. I think earnings has been helpful...
Market has been good to investors “if you follow the “ETFS” for the major indexes but, this week is very short because Friday is “Good Friday”. We’re looking for a bit of a move but, not a huge or whatever. There been predictions on the “S&P” if you’re on StockTwitts and following Red dog T3 every Monday he posts on the $SPY. I think that The market has been...
Tomorrow’s Fed announcement but, Let’s discuss what you should be prepared for a result. Everyone will make an assume and that is ok to do but I can’t say “Oh it will be fine and when we hear something that we didn’t want to hear right? Right! But, We should listen carefully and consider it. Because the “BEAR traders” who is always on edge like “Tweek Tweek” From...
The ETF of NASDAQ , anyway I see interesting things here on the weekly chart is first And we got a inside week and a hammer. On the daily chart “channel”is forming here It almost did something here but, for 9 days it has been like a “pinball” you can see for yourself Support is $102.99-$105.45 and resistance is $108.33-$105.87. CAN $QQQ take out $112 or $95 range?...
We have been watching the commodities Oil, Gold and so on...for months especially for this stock, -96% loss since August of 2008. But I noticed that this stock has been in a reasonable range $6-$12 for some time. Can this stock be somebody here and make an come back? Everyone who got in but didn’t have any time to execution to get out of this. I think USS can be...
Last November we talked about this company “ this stock was inside week and up, it has been ripping to the downside from $61 to the late $30s. This stock need something to be someone, it’s a buy” I’m looking at this and I still think the company is expanding into other things besides GPS units. I don’t think that the GPS will completely disappear from Garmin...
Last month I noted SolarCity was going regain that was my perdition. This stock is definitely worth noting I still have hope that it would turn around, But Look and face it like a bigger person the sub-sector under Utilities is not healthy but, don’t quickly jump into conclusions that I am against the whole “Utilities- Independent Power Producers” which this is...
Fitness company reporting after the close today. $Fit has been just drowning themselves. This company is making fitness products but, The stock show it is weak. I think Fitbit $Fit and GoPro $GPRO does not have the upside potential to stand alone as a stock like Big boy Apple $AAPL, by this I think the company should compete with Apple on “Health” or merge with...
This dog of the dow was just ripping through highs, can $HD recover from this? It’s Dividend play? I think it’s depending on your portfolio“S”or even those funds that are only access to brokerage services and what not but, I’m holding 34 shares in this stock on Gurufocus I am bullish long-term of The Home Depot INC. I don’t think it’s a technical perspective that...
Same thing for Delta airlines but this is not moving fast to $38 I am a little airy about this stock I’m not a buyer price target is $38