Netflix Consolidating

Netflix Consolidating

In a tight range since late January. Netflix has been treading water since the end of January. The stock has been trading in a tight range between a massive breakdown gap left behind back on July 17(earnings) and the 200 day moving average. During this phase the...
Russell Still Lagging

Russell Still Lagging

The Russell 2000 Index continues to lag.  While the Dow Industrials, S&P 500 Index and the Nasdaq Composite moved well above their respective 200 day moving averages this week the R2K Index has remained below.  A similar pattern can be found in the Dow Transports....
Bed Bath & Beyond

Bed Bath & Beyond

BBBY is soft again today(activist news) as the stock extends the post earnings flush(4/10) to a 34% loss.  Last week shares blew out gap support near $14.00(3/26 breakout gap/activist proxy) and are now approaching another important gap.  Back on January 10th BBBY...
Cisco Story

Cisco Story

Back on May 16th Cisco surged over 6.5%(earnings) after a big upside gap on the open.  This was the best single day gain for the stock since Feb. 11, 2016.  Last week CSCO began to pullback and is now pennies away from filling the huge earnings inspired gap.  ...