Facebook Firming Up

Facebook Firming Up

After a strong open on October 31st shares of Facebook began to crumble.  The stock opened the morning, after its third quarter earnings release, with a huge upside gap.  This was $FB’s best open since an April 26th earnings inspired surge.  The stock left...
Fading Facebook

Fading Facebook

Facebook doesn’t set up as a low risk buy very often.  It is now.  There is a solid support zone in place just below current levels($149.00-$146.50).  This area includes the initial 2018 low set back in late March near the upper band.  This level has held the...
The Top Five

The Top Five

Great stuff from Michael Batnick:   “The five largest S&P 500 stocks have a market capitalization equal to the bottom 282 S&P 500 stocks.”