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Analyzing Abbott

Analyzing Abbott

Abbott Labs is trading at new June highs today as it extends yesterday’s trendline break.  The stock is trading up 1.6% and is heading for its best close of 2019.  Since the ugly post earnings sell off on April 17th, the second biggest loss of the year, ABT has...
D-Day By The Numbers, By The Men

D-Day By The Numbers, By The Men

Great article from Stephen Green.  The lede: I want you to imagine picking up every resident of a medium-sized city, everything they’ll need to eat and drink and rest for a few days, any vehicles they might need, gasoline, of course, plus lots of guns and ammo...
Pfizer Firming Up

Pfizer Firming Up

Pfizer has been steadily rising since its Q1 earnings beat(Apr. 30).  The stock gained 2.6% that day after opening the session with a healthy upside gap.  The post earnings low as set early during the April 30th session.  PFE is currently working on a fourth straight...
Investors Remain Bearish

Investors Remain Bearish

From AAII.com:  AAII Sentiment Survey: Optimism is below 30% for the 4th consecutive week & remains at an unusually low level. Despite this week’s impressive rebound investors bullish sentiment remains near levels seen during last December’s sell...