Checking in on how earnings moved stocks:
Heavyweight GS (7.65% of the dow) missed EPS before the open, stock hit hard
BAC beat earnings and beat revenue, stock down slightly
JNJ (4.12% of the dow) earnings beat but stock down
UNH (3.75% of the dow) earnings beat, stock up
Reports tonight: IBM (5.66% of the dow)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
bear flag never works. bear flag never works. I'll write ten thousand times. the low should be in for today.
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Al_Dente wrote:Checking in on how earnings moved stocks:
Heavyweight GS (7.65% of the dow) missed EPS before the open, stock hit hard
BAC beat earnings and beat revenue, stock down slightly
JNJ (4.12% of the dow) earnings beat but stock down
UNH (3.75% of the dow) earnings beat, stock up
Reports tonight: IBM (5.66% of the dow)
I am bearish on financial, sideways to down on a daily time scale.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
SMALL 5 min
Bottom panel: TICK (light orange) had a 2 hour succession of HL, HH; hard to fight that
Now at double top… as our bb52x would say: don’t get greedy
[added: faint orange is the straight tick, not cum]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:SMALL 5 min
Bottom panel: TICK (light orange) had a 2 hour succession of HL, HH; hard to fight that
Now at double top… as our bb52x would say: don’t get greedy
[added: faint orange is the straight tick, not cum]
418five.png.png
Greed kills
My comments are for entertainment/educational purpose only. NOT a trade advice.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
well, guess that's it for today. Wednesday tomorrow has been generally bull friendly. thank you guys, I'll see you tomorrow.
before the close, please take a little time to vote for me, thanks.
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