Earlier on the heels of the Apple earnings report it was thought that the Apple suppliers would also take a hit due to forecast iphone sales. When Cirrus Logic (CRUS) reported their earnings they beat consensus and continued to expect strong growth in 2016. Analog Devices Inc. (ADI) is another Apple . . .
Trades Are Ordered by Date Updated
Currently, the refiners are where all oil birds are currently flocking to. This is good and even more good news for us. Still today, the trade in refiner stocks doesn’t appear to be crowded, and there is a bullish counter attack occurring in Valero ($VLO) after what appeared to be a bearish . . .
$ALK seemed to hold $79.55 today on a downgrade to ‘hold’ by Stifel Nicolaus. I haven’t read the full report yet, but the analyst is probably right…So, $ALK may stay range bound until we get numbers on December capacity rates and other airline specific metrics such as aircraft . . .
I kick myself for not going with $BURL instead…grrrr.
The stocks that are at their 52-wk low can strongly rebound in a market upturn after a substantial sell-off such as the one we are currently going through. WSM is one of the retail sector stocks at their 52-wk . . .
I noticed many of my ‘favorite list’ stocks are at the midpoint of their recent price range. $ADBE is one of these stocks which has a bullish candle stick pattern hitting the midpoint resistance level at $92.50 and the prior trend is bearish, signalling a reversal. I’m expecting the price to fall to . . .
This is a fast trade to possibly capitalize on agricultural stocks. While the ETF: DBA has formed a bullish engulfing pattern over the past two days and awaiting confirmation tomorrow 01/13/16..ooh 13…in particular, another great safety agricultural play with some short-term upside during these . . .