Long Term Monthly View We have been watching this chart now for a while; and it appears to be following the technicals and HPTZ’s well. The market is once again back at significant support. Watching to see how the bounce develops. Potential for more down exists, room left on the W%R to drop. The red […]
THE ADVANCE-DECLINE DIVERGENCE HAS A TRACK RECORD OF PICKING CYCLICAL STOCK MARKET PEAKS SOURCE: 11-29-16 Dana Lyons’ Tumblr, Is Advance-Decline Line Divergence A Big Deal? (Spoiler Alert: Yes) Non-confirmations by the NYSE Advance-Decline Line of new market highs have often signaled major trouble for stocks – will it be the case this time? In some ways, […]
The Wedge That’s Driving Facebook’s Stock
FANG Stocks Lose Over $100 Billion In A Week SOURCE: 11-04-16 ZeroHedge In the last week the so-called FANG stocks (FB, AMZN, NFLX, GOOGL) have stumbled. As earnings and outlooks disappointed, shareholders have awoken to the new normal low growth world and wiped over $100 bilion in market capitalization of the four horsemen of the […]
FANG & FAANG UPDATE FANG: Facebook, Amazon, Netflix, Google FAANG: Facebook, Amazon, Apple, Netflix, Google
Facebook, Amazon, Netflix, Google account for 90% of Market Cap Gains Since December 2014: Tonight, Amazon Missed SOURCE: 10-27-16 MishTalk.com In an interesting tweet that shows investor herding into a small subset of high-beta stocks, Jeff Macke notes Facebook, Amazon, Netflix, and Google, collectively named (FANG) account for over 90% of S&P 500 market cap gains […]
