Category Archives: Equities

Netflix Swan Dives After 1 Million Membership Miss

July 16, 2018 Fellow shareholders, We had a strong but not stellar Q2, ending with 130 million memberships. Membership growth was 5.2m, the same as Q2 last year, but lower than our 6.2m forecast.   –  Netflix Investor Relations Down 14 percent … Continue reading

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It’s déjà vu all over again

But with real earnings. Classic momentum thrust feedback loop:  “Gotta buy ’em cuz they’re going higher.”  Otherwise, no year-end bone and career risk Hat Tip: @carlquintanilla

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S&P500 Breaks Support To Close Below Key Level

Big reversal in U.S. stocks today. The S&P broke key support trading through the 50 and 100-day moving average and the .50 Fibonacci retracement level to close slightly below 2700.  Next stop is the 200-day moving average at 2689.19 and … Continue reading

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S&P500 Camped Out In Doji City

The S&P500 has generated a Doji candlestick in three out of the last four trading days. Also of interest is the rejection at 2792,  an important Fibonacci retracement in the current correction, which we flagged a few days ago.  

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S&P Hesitates At Key Level

The S&P500 looks hesitant to take out the key  .764 Fibonacci retracement level at 2792.59 before the Fed and ECB announcements.  Note the back-to-back Doji candlesticks. When and if the swing high of the correction at 2801.90 clears, the technical … Continue reading

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The Cycle of Market Emojis

Love this.  Based on the cycle of market emotions. Wonder if there is an algo out there that trades on emojis?  Would not doubt it. Hat tip Kazonomics! Long Only Short Sellers

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Trump Plays Checkers, Xi And Kim Play 3-D Chess

  …what Kim’s move reveals is a broader strategy at work. In the lead-up to the Singapore summit, should it still take place, Trump may be preparing for the wrong game: a two-player round of checkers when Kim is steeling … Continue reading

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Stock Bull & Bear Traps Galore

The S&P500 could not hold the 50-day moving average today, setting, yet again, a nice bull trap to hang out the MoMo crowd.  Seeing a lot more traps, both bull and bear,  these days.  It is the result of the … Continue reading

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Candlestick Cheat Sheet

Hat Tip:  @WingGirlTrader  

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David Tepper Dishes On Markets…

David Tepper, MBA ’82, [spoke] at the Cohon University Center on April 26 for a university-wide event. The Tepper School of Business welcome[d] David Tepper, founder and president of Appaloosa Management, L.P. Tepper [who] join[ed] students for a Q&A session, … Continue reading

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