Lowe’s Looking Good

Lowe’s Looking Good

Big week for shares of home improvement retailer Lowe’s.  The stock broke out on Tuesday finishing the session above the January highs.  Yesterday LOW closed above the December peak as it begins to put some distance on a very solid support zone.  We believe the...
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...
Room To Run?

Room To Run?

It may very well be that the current rally off the Christmas week lows has plenty of room to run.  The year after a mid-term year puts in its low the S&P 500 Index is up an average of 32%.  Since the Christmas week lows last year the S&P 500 is up 17%.  Are...