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Advanced Micro Update

Advanced Micro Update

Share of AMD are setting up for a fresh rally leg.  The stock is working on a 5th straight gain and is now up 10% from the March lows.   AMD is far from overbought and is just now beginning to lift off deeply oversold levels(daily/MACD) The $74.00 area has proven to...
Tracking Twitter

Tracking Twitter

Shares of Twitter are moving well today.  At mid day the stock is up just under 5% putting it in the S&P 500 top five gainers list.  This powerful move is driving the stock past last week’s highs as gap support near $61 provides the footing.  We expect more...
Bottoms Up

Bottoms Up

From the desk of Charlie Bilello:  The Top 25 stocks in the S&P 500 in 2020 have a median return of -3% thus far in 2021. The Bottom 25 stocks in the S&P 500 in 2020 have a median return of +32% thus far in 2021. Hat tip Charlie...
Comes April

Comes April

Historically the second best month of the year for stocks.   Some color from Ryan Detrick:  “Remember we saw some late month selling in February and March. The good new is April is on the horizon, which has historically been a solid month for...