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Pfizer Firming Up

Pfizer Firming Up

Pfizer has been steadily rising since its Q1 earnings beat(Apr. 30).  The stock gained 2.6% that day after opening the session with a healthy upside gap.  The post earnings low as set early during the April 30th session.  PFE is currently working on a fourth straight...
Wal-Mart Reaches New Highs

Wal-Mart Reaches New Highs

Shares of retail giant Wal Mart are heading for their best close of the year.  At mid day the stock is up 1.7% and is beginning to pierce heavy resistance near the $104.00 area.  This key zone capped the February, April and May highs.  Once this area is taken out WMT...
JP Morgan Update

JP Morgan Update

JPM is sitting right in the middle of a very solid support zone.  At today’s early lows the stock was off 8.5% from the May highs.  This pullback has retraced 1/3 of the entire rally off the Christmas week lows.  This key area also marks the March highs as well...
Eastman Update

Eastman Update

Shares of Eastman Chemical have had a rough go since reporting soft earnings in the first quarter.  The stock has lost ground for five straight weeks since and is now approaching the 2018 Christmas week lows.  Is a low risk entry opportunity developing for patient...
Four For Four

Four For Four

The S&P 500 Index began 2019 with four straight weekly gains.  Is this a strong positive for the remainder of the year?  It certainly is. Great stats from Ryan Detrick:  The final eight months of the year, after a strong start like we’ve had in 2019, have...