10/26/2019 Weekend Update

[Cobra]

Up 3 weeks in a row, the next week has 80% chances to make a higher high so more up ahead.

[Al_Dente]

EARNINGS
Monday, October 28
Before the open: T, WBA, L
After the close: GOOG, TMUS,

Tuesday, October 29
Before the open: GM, GRUB, MA, MRK, PFE, R,
After the close: AMD, AMGN, MDLZ,

Wednesday, October 30
Before the open: S, YUM,
After the close: AAPL, CRUS, FB, SBUX, WDC,

Thursday, October 31 [end-of-month]
Before the open: not much
After the close: not much

Friday, November 1
Before the open: CVX, XOM, STX,
After the close: none

[BullBear52x]

From: It is what it is Department" Key focus Only Price Pays. So far market have been proven again and again that market doesn't care what you feel. it will do what it will. this week question is will we breakout? is the 3rd time a charm?. Based on RSI (14) reading on a daily chart, this market is not ready for a prime time of sustainable higher price, we need to clear 60 reading to get somewhat healthier. no healthy right now.

Big picture reminder we are still fighting this toppy area. a bullish consolidation phase by the book.

Short term going into next week, a simple trend following using 5 DMA (my favorite setup), The HL since this leg up began is clear, HL still intact, got fooled couple times under 5 DMA but no LL to call out as a trend reversal warning. so...for early bird, no worms for you. I am expecting high volatility going into next week, Day traders' heaven and not so much for position traders. stay focus and trade well. Peace!

[Al_Dente]

HULBERT: New highs maybe soon, because .....
https://www.marketwatch.com/story/us-st ... nk=sfmw_tw

[Al_Dente]

Saturday and Sunday
Please vote here:
https://stockcharts.com/public/1684859