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Testing the yesterday's high now, wait. So far looks like an uptrend day.
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After hours could be exciting. Alphabet reports numbers at 4 eastern with conference call around 4:30. Talking heads say if they indicate any slow down in capital spending on data centers it will start the second wave down for semi conductors. Obviously today's action says many are sure they will beat and move the market on up.
I am not sure if the Asia Pacific trading tonight is a solid indicator. Even the higher volume from the European session is often times reversed within the first hour of regular trading in New York. I do think we will get a gap open, just no idea which way.
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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.