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...
Lululemon Leveled

Lululemon Leveled

Lululemon is suffering its worst loss of 2018 today.  Shares are down 10% following last night’s fourth quarter earnings report.  $LULU is ending its streak of powerful post earnings breakouts as the week comes to an end. At the November lows $LULU successfully...
Small Caps Reach New Lows

Small Caps Reach New Lows

The iShares Small Cap Index ETF($IJS)is trading at new 2018 lows today.  Yesterday the index suffered its biggest loss of the year(-4.5%)but was still able to hold above a major support zone.  This key area is beginning to give way today. At this morning’s low...
Thor Industries Thumped

Thor Industries Thumped

Higher Rates Matter Shares of RV maker Thor Industries are taking a beating this morning.  The stock is off just over 12% following another disappointing earnings report.  Today’s sell off has pushed $THO to new 2018 lows as very solid support near the $64.00...