Thursday, May 19, 2016

NDX found support today

As NDX found support near the month's (May) lows today. If the market bounce back from here we could be back in the channel and stay there for a while, maybe for the rest of the summer. Yesterday, with Fed's minutes coming out, the market did not move significantly as everyone was expecting. So analysts believe that the Fed has already started tightening the rates in the shadows 'using shadow' rates since 2014, therefore its not in a hurry to do anything now.


Monday, May 16, 2016

NDX consolidating below its 50 DMA

Today was an up day for most of the indexes, but looking closely at NDX it is still under the 50 DMA inside its consolidation channel, will be interesting to see if it breaks that channel this week and start a new trend up/down.



Thursday, May 12, 2016

Retail Sales (MoM) (Apr) - Tomorrow May13

The retail Sales released by the US Census Bureau measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).


Thursday, May 5, 2016

Nonfarm Payrolls coming out tomorrow

The market has been trading close range until the news comes out..

Friday morning Nonfarm Payrolls -


May 06
12:30
200K 
Consensus
215K
Previous
Unemployment Rate (Apr):

May 06
12:30
5% 
Consensus
5%
Previou

Wednesday, May 4, 2016

TSLA Earnings today

Two notable companies that will likely impact the price movement, announcing earnings today after the close and tomorrow before open:

TSLA will announce earnings today after close. 5/4/16
BABA will announce earnings before open tomorrow 5/5/16

Wednesday, April 27, 2016

AMZN reports earnings after close tomorrow

Companies reporting Tuesday after close:

ABAX, ACHC, AEM, AIV, AJG, ALDR, ALGN, AMCC, AMGN, AMZN, ARII, ATEN, ATHN, ATR, ATRC, AZPN, BCOV, BGS, BIDU, BMRN, BOOM, BRKS, BVN, CATM, CENX, CHDN, CHE, CHMT, CLD, CLW, COHR, COLM, COWN, CPHD, CPT, CUBE, DDR, DGII, DLR, ECOL, EHTH, ELLI, EMN, EPAY, EPR, ESS, EXLS, EXPE, EYES, FET, FII, FLEX, FLS, FPO, GB, GILD, GIMO, GNW, GRPN, HELE, HIG, HT, HTH, HURN, HWAY, INVA, IPHI, ISBC, JNPR, KBR, KRG, LEG, LNKD, LOGM, LPLA, MATW, MMSI, MOBL, MOH, MSA, MSCC, N, NATI, NFG, NPTN, NR, NSIT, NSR, NUS, OFIX, OMCL, OUTR, P, PCCC, PDFS, PFG, PODD, PXLW, QLIK, RGA, RGC, ROVI, RRC, RSG, SCSS, SGEN, SHOR, SKYW, SMCI, SNMX, SPN, SPNC, SRCL, STRZA, SWKS, SYNA, TEP, TLGT, TMST, TNDM, TRMB, TXTR, VCRA, VDSI, VGR, VR, VRSN, WDC, YRCW

Tuesday, April 26, 2016

Is the SPY rally coming to an end?


looking at the chart below very similar..