Select Page
Boom

Boom

by | Oct 29, 2020 | Chart of the Day, Commentary

U.S. GDP accelerated at a 33.1% annualized pace in the third quarter, the Commerce Department reported. That was better than the 32% estimate from a Dow Jones economist survey. A surge in business and residential investment along with stronger consumer activity helped...
JD Jumping

JD Jumping

by | Oct 29, 2020 | Chart of the Day, Commentary

Shares of JD.com are perking up this morning.  The stock gaining just over 5% and is very near a new October high.  At mid day JD is the #2 gainer in the Nasdaq 100 Index as it extends its streak of higher monthly lows to seven straight.  JD’s divergent action...
QQQ

QQQ

by | Oct 28, 2020 | Chart of the Day

Support is at 270 and 260.   The 50 Day Moving Average was pierced today around 283.  The 200 Day is just above 240.
Intel Tanking

Intel Tanking

by | Oct 28, 2020 | Chart of the Day, Commentary

Since Friday’s morning’s post earnings breakdown: https://www.zacks.com/stock/news/1082664/intel-intc-q3-earnings-beat-stock-down-on-weak-sales-mix?cid=CS-MKTWTCH-HL-analyst_blog|earnings_article-1082664&mod=mw_quote_news_seemore, which dropped Intel...
Harley is Hot

Harley is Hot

by | Oct 27, 2020 | Chart of the Day, Commentary

Harley-Davidson is ripping this morning.  A blow out earnings report before the bell: https://www.marketwatch.com/story/harley-davidson-shares-jump-after-earnings-and-revenue-blow-past-expectations-2020-10-27?mod=mw_quote_news, has sparked a 25% gain, HOG’s...