Alphabet (GOOGL)

Here’s my Google Hangout for this week.  In this video I go over all the major indices as well as $GLD, SLV, USO, FB, AMZN, NFLX, GOOGL, AAPL, and JNJ. So be sure to check it out. 

The market resiliency continued into last week with a positive return for the eighth time in the past ten weeks. There are some cracks beneath the surface though, particularly with earnings starting to disappoint on a large scale - most notably with Microsoft (MSFT) and Google (GOOGL).  Tech is starting to lag some - with

Technical Outlook: First legitimate sell-off on SPX yesterday since April 7th.  SPX finished the day trading below the 5-day moving average.  Watch the rising trend-line off of the February 11th lows. Currently the trend-line sits at 2087.  A slew of earnings came out last night and this morning resulting in hard sell-offs in Google (GOOGL),

Futures are looking ‘okay’ right now, but there is some fair value cooked into them. For instance, the Nasdaq isn’t down only a few points, instead, it is down about 1% from where it closed the day at 4pm eastern.  From the looks of things with Google (GOOGL) and Microsoft (MSFT) putting in some pretty

SharePlanner Reversal Indicator is trying to point north again.  However, no confirmation has occurred, but it won’t take much for it to do so if Friday results in a significant rally or we have another similar rally next week to what the market has become accustomed to of late.  Not factored into the Weekly SPRI

The market is still trying to rally today, and up barely a smidge, and this is despite Facebook (FB), Amazon (AMZN), Netflix (NFLX), Google (GOOGL) and Apple (AAPL) being ghastly in the red today.  Internals are not that great either. Nothing great or trendy with the TICKS, VIX is elevated by 3.5% and the advancers

Technical Outlook: Another melt up into the close while lagging throughout the morning.  This has been the trend over the past two days, where the market is unable to garner any traction throughout the trading sessions until the afternoon when the buyers come in during the afternoon and drive the market higher.  Yesterday’s volume was

Market and stock analysis including $SPX $SPY $QQQ $IWM $COMPQ $STT $FB $AMZN $NFLX $GOOGL $USO Enjoy!

The market acts like it isn’t sure what to do with itself. The market rallied off the lows this morning immediately following the market’s open, but since then it has given back those gains and momentum and now is just floundering around.  Up? Down? Who freakin’ knows. Buyers and sellers aren’t overly inspired except for

Technical Outlook: Yesterday SPX showed strong potential leading up to the FOMC statement to break out of its four day price range and push and continue its dead cat bounce. But once the FOMC statement came out, SPX saw a 44 point reversal from the highs of the day.  Volume saw a slight uptick yesterday