Daily Bite February 12: Market Analysis and Chart Review
In today’s Daily Bite, Bob Lang covers the SPX, Futures, CPI, PPI, Earnings for the week ahead, TNX, Oscillators, ROKU, SHOP, ABNB, HUBS, DASH, UBER, and DKNG.
In today’s Daily Bite, Bob Lang covers the SPX, Futures, CPI, PPI, Earnings for the week ahead, TNX, Oscillators, ROKU, SHOP, ABNB, HUBS, DASH, UBER, and DKNG.
It’s not easy losing money in the stock market, and it’s even harder to get used to accepting losing trades. But if you want to successfully trade over the long-term, you have no choice. As a trader, you will have losing trades. It’s just a fact. And the more you trade, the higher the probability…
DetailsThe Fuse Flatness is the word with equity futures, the SPX are flat while the Nasdaq futures are slightly higher. The industrials are off modestly as the markets continue to grapple with mediocre earnings outlook from companies calling for a subdued 2024. Four Fed speakers out today including Miki Bowman and Neel Kashkari. Interest Rates…
DetailsThe Fuse Equity futures are moving higher and trying to finish the week off on a bullish note. A weekly close above 5K for the SPX 500 would send a bullish sign to the markets and next week could see more followthrough, but let’s see how it plays out first. February is off the a…
DetailsIn today’s Daily Bite, Bob Lang covers the SPX, McClellan Oscillator, Interest Rates, CPI, Fed, DIS, ROKU, NET, BILL, and AFRM.
The Fuse Equity futures are lower this morning after a very strong session for the markets on Wednesday. After wiping out losses from earlier in the week, stocks managed a strong comeback on good turnover. Overnight stocks in Europe rose up .3% in a busy earnings day. Stocks in Asia were mixed on the final…
DetailsChart of the Week: General Electric This week we’re gonna be profiling big energy company/industrial conglomerate General Electric. GE is the symbol. Let’s take a look at this chart. The stock has been in a strong uptrend What’s notable here on this chart is, from the beginning of November, we’ve seen the stock make an…
DetailsThe Fuse Equity futures are bouncing back this morning as there is a nice bid underneath the market. We have not seen that happen at all this week, perhaps buyers were lying in wait for their moment. Earnings have been pretty decent across the board but guidance has mostly been weaker. Interest Rates are bumping…
DetailsThe Fuse Much like yesterday equity futures are starting lower as the market continues to take a risk off approach following last week’s ‘less than dovish’ Fed statement. The futures market is now barely pricing in a cut at the next meeting in March. Stocks are mildly oversold here based on the oscillators turning negative.…
DetailsIn today’s Daily Bite, Bob Lang covers the NVDA, SPX, TNX, DIS, TM, VRTX, CAT, NXPI, FTNT, and CYBR.