Boeing Flight Path

Boeing Flight Path

Boeing is consolidating today after Wednesday’s big gain. BA pierced a key overhead trendline during yesterday’s big gain. The stock closed at its best level since the April 8th flush that followed the negative 737 production news. BA left behind an ugly...

Goodyear Tire (GT): Rubber Meets The Road?

Among the many forlorn names that have rebounded this week is Goodyear Tire (GT) that has bounced from $11 all way up to $13.85 as I type this note. Still down from the $15 zone where it sat for many weeks this summer. Someone in options land is looking for more gains...
SunTrust Breakout?

SunTrust Breakout?

STI is trading at new 2019 highs this week. SunTrust began a long term consolidation shortly after its powerful post BB&T inspired, http://thisweekonwallstreet.com/simmering-suntrust/ breakout. This narrowing range has straddled the 200 day moving average since...
Gold

Gold

We wanted to see just below 1500 hold (previous post) on a closing basis on 50% of the position. So far it has.