CenturLink Reaches Multi-Year Lows

CenturLink Reaches Multi-Year Lows

Shares of CenturyLink are at the top of the biggest losers list for the S&P 500 Index.  $CTL is off 9% on extremely heavy trade this morning following a second straight disappointing earnings report.  The stock opened the session with an huge downside gap that...
Hotels Are Hot

Hotels Are Hot

Hyatt Hotels is surging this morning ahead of tonight’s 4th quarter earnings report.  Shares are up 3.7% and are heading for their best gain in over a year.  Next challenge will be the 200 day moving average.  Of note, H sports a relatively high short interest...
Qualcomm Lifting

Qualcomm Lifting

Shares of Qualcomm are trading at new February highs today.  The stock is up 2.3% and is headed for a close above last week’s high. Highlights:  QCOM fell to within $1.00 of a major support zone(2017/2018 lows) following a nasty breakdown on Jan....
Conagra Bottoming?

Conagra Bottoming?

A very solid little base has been forming in shares of Conagra.  At the December lows the stock was down nearly 50% from the 2018 peak.  CAG posted its lowest weekly close since Q3 of 2012 in December.  The stock was also at its steepest oversold reading since 2000 at...
Caution With HP Inc.

Caution With HP Inc.

HPQ is bumping up against heavy resistance as the new week begins.  The stock is up over 20% from the Christmas week lows. At the December lows the stock reached an oversold reading not seen since 2011(daily MACD). In mid December HPQ experienced a 50/200 day moving...