Warning: Invalid argument supplied for foreach() in /home/thiswe46/public_html/wp-includes/class-wp-hook.php on line 277
Freeport-McMoran Update

Freeport-McMoran Update

FCX is setting up well for a fresh rally leg.  Heading for 2nd straight weekly close above the 200 day moving average(last time this happened-late July). Declining 50 day moving average provided heavy resistance following the August 1st breakdown.  Upward sloping 50...
Wells Wobbly

Wells Wobbly

Shares of Wells Fargo are weak ahead of Friday’s earnings report.  The stock is off 1.4% at mid day and is now trading below the March and initial April lows.  A close below the $47.50 area would mark WFC’s lowest close since January 3rd.  This heavy...
Keen On KLIC

Keen On KLIC

Semiconductor equipment maker Kulicke and Soffa has had quite a run of late.  Since bottoming on March 27th the stock has finished in the green eight of the last nine sessions.  Today KLIC is heading for new 2019 highs and will likely print its first close above...