Category Archives for Articles
Twitter Is No Fun, Can’t Offer Proper Guidance
I’ve been a long-time bear on Twitter (TWTR) and the company’s lousy quarter just reinforced the fact that it has 2 major problems: 1) User Experience As I’ve said before, unless you have a lot of followers, Twitter isn’t much fun. You don’t get much engagement relative to platforms like Facebook (FB) and Instagram. Meanwhile, go out […]
Continue Reading -->3 Next Steps to Ultimate Victory for Apple
I was worried about Apple’s (AAPL) quarter the way everyone else was. But with very sour sentiment, I made a plan to buy if it could get and stay above $100-$101. I did that live on the VTF after-hours. Let’s take a look at the chart: Getting in was step 1. Now we’ll see if it […]
Continue Reading -->Scott Redler’s Morning Note: Fed Dead Ahead
Editor’s Note: This is a special FREE edition of Scott Redler’s Morning Note and his extended Morning Call video, which are released at 8:30 a.m. ET each day as part of Redler All-Access. Please call my team now at 1-888-998-3548 if you’d like to get Redler All-Access for FREE. ************* By Scott Redler We have […]
Continue Reading -->The Morning Hammer: Apple Smashes Bears, Record Nasdaq Highs in Sight
Global markets are in a happy mood courtesy of Apple’s (AAPL) better-than-expected earnings report, and Japan’s signaling of more stimulus. Apple is up ~$6.50 in the early going after beating analysts’ earnings, revenue, and iPhone unit estimates, and offering strong forward guidance. Meanwhile, just as traders thought Bank of Japan stimulus was priced in (based […]
Continue Reading -->Twitter: It’s Not About Earnings, It’s About the Reaction
I could post my numbers here and say that Twitter‘s gonna beat on EPS, have inline revenues, and the guide conservative, but frankly folks it doesn’t matter. For Twitter and this quarter, I think it’s all about the reaction to what they say. And what they are saying is new messaging and the messaging they should […]
Continue Reading -->The Safety Dance Starts, but You Can’t Argue With Price
The yen is rising this morning on what looks like an advance “sell the news” reaction in advance of the Bank of Japan Meeting on July 28-29. Remember, the yen has been ripping all year: Most economists expect the bank to increase its ETF purchase prices, cut rates, and increase its JGB purchases, which could […]
Continue Reading -->State of the Markets: This Bull Is Strong
I mentioned last week that we are still stuck in high-level range and to me, that means we stick with a bullish bias until that lower part of the range breaks. Pulling back the zoom a little bit, let’s check the markets on a larger time frame and via sectors. The S&P 500 (via SPY) […]
Continue Reading -->Another Golden Hammer on the Miners
It’s a Monday and we’re seeing another golden hammer, with gold down 0.8% at $1312.70. Last Wednesday, gold and the miners had a breakaway gap to the downside followed by a sharp rebound on Thursday when GDXJ backtested its overhead 20 day moving average: Today’s gap down looks like the second cheese will get the mouse for […]
Continue Reading -->Jeff Cooper: Are We Stepping Into a Bull Trap?
Follow Jeff Cooper on Twitter: @JeffCooperLive The buy program ended on Thursday. An hourly SPY shows a breakout above a 3 day flat or Slim Jim and a break back into the flat. If the SPY violates the formation with authority, it will trigger a little hourly Boomerang sell signal. Below the gap at 215ish is […]
Continue Reading -->All-Time Highs on the Table?
Happy Friday! We’re less than a day away from a much-needed weekend, so let’s try to go out strong… though I’ll settle for making it out alive. I’m picking Runaway Child, Running Wild by the Temptations as my morning pick-me-up since coffee wasn’t enough. Asian markets are slipping and Europe is slightly green following yesterday’s down day […]
Continue Reading -->