Under Armour Underperforming

Under Armour Underperforming

$UAA is the top loser in the S&P 500 today.  Shares are off over 10%(disappointing sales forecast)on what will be the heaviest downside trade of the year.  This is a sharp reversal from last week’s action.  $UAA printed a new 2018 high on 12/3.  Shares are...
Bonds Hitting A Wall

Bonds Hitting A Wall

The $AGG is fading this afternoon.  The Barclays Aggregate Bond Fund has been moving quite well since the early November lows.  At today’s early high the index was still working on its best rally of the year.  This impressive move lifted the $AGG within pennies...
Amazon Update

Amazon Update

Amazon will be trading below a death cross when the market opens tomorrow.  The stock has not traded below this type of 50/200 day moving average bearish cross since May of 2014.  $AMZN spent the bulk of the next nine months below its 200 day moving average until a...