Amgen Breaks Out
Shares of biotech giant Amgen are surging to new all time highs today. A court ruling regarding Enbrel patents; https://thefly.com/landingPageNews.php?id=3119658, is sparking a powerful 6% gain. This high momentum move is driving the stock past heavy resistance near...
SLV
GLD broke out last week. SLV is testing resistance again.
Conagra Cruising
Conagra Brands is ramping today. Shares are up 6% following a blow out earnings report: https://www.marketwatch.com/story/conagra-brands-shares-jump-6-premarket-after-earnings-blow-past-estimates-2020-06-30?mod=mw_quote_news. This powerful move is driving the stock...
Nike Hammered
Shares of Nike were pounded on Friday following Thursday night’s disappointing earnings report: https://www.marketwatch.com/story/nike-fourth-quarter-sales-drop-nearly-40-2020-06-25?mod=mw_quote_news. The stock closed with a 7.6% loss, on Goldman Sachs(-8.6%)...
Rates Heading Lower?
The $IEF(7-10 Year Treasury Bond Fund) is heading for its best weekly close since April 24th. The index has been working trough a narrow range consolidation since the wild mid March panic action settled down later that month. The current pattern has allowed the IEF...2020 Investors Guide FREE
