Chip stocks retreat after Intel earnings disappoint
https://www.marketwatch.com/story/chip-stocks-retreat-after-intel-earnings-disappoint-2019-01-24?mod=newsviewer_click
What goes up must come down?![]()
Chip stocks rally for rare one-day 5% gain on strong earnings reports
https://www.marketwatch.com/story/chip-stocks-on-track-for-best-day-in-a-decade-on-strong-earnings-reports-2019-01-24?mod=newsviewer_click
Won't paste a live link, sorry.
Chip stocks retreat after Intel earnings disappoint
https://www.marketwatch.com/story/chip-stocks-retreat-after-intel-earnings-disappoint-2019-01-24?mod=newsviewer_click
What goes up must come down?![]()
The Transports are holding up pretty well and clinging above the 50-day EMA.
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Gap filled and pushing resistance, although the 200-day EMA is still 36 points overhead.
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That IWM spike tho!![]()
I trade based on volume + price action. Price action alone only tells half the story.
First meaningful pullback for the financials from the 200-day EMA after banging on it for a couple of weeks.
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Starting to roll over, or fake out before the next leg up?
I LIKE that Bottom Tail!thismaysting.jpg or NOT?
Crude Oil 01/14/2019
$50.51 -1.08
The early gains reached toward the open gap, but no fill. This shows some fatigue from the bulls, and the bears are trying to over, but there's still an hour left and underestimating the bulls lately hasn't been a winning formula.
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That S fund bounce tho!![]()
I trade based on volume + price action. Price action alone only tells half the story.
The rally is really pushing for all it can get. The 200-day MA is being tested today. One gap was filled - another opened...
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SPY (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
AGG (F Fund) (delayed) (Stockcharts.com Real-time) |
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