The stock market practically did a repeat of yesterday in that it only moved fractionally, with the trading range also similar to yesterday. But today all indices were down. So as Yoggi Berra said, “It’s like deja vu all over again.”
In tonight’s Weekday Market Wrap video I look at the Nasdaq Biotech ETF, (IBB) which got hit pretty good and I also look at Apple (AAPL) and Tesla (TSLA). Continue reading
In this Sunday trade ideas video I review a trade idea on Michael Kors (KORS) that was closed on Friday with a 35% profit.
I then review our current trade ideas on Apple (AAPL), Whole Foods Market (WFM), Gilead Sciences (GILD), Goldman Sachs (GS) and Celgene (CELG).
One new trade idea for Monday is Netflix (NFLX). Continue reading
I feel like I’m at Yellowstone National Park as the geyser blows sky-high with the DJIA up 390 points today. A little bit of pressure release from a 3 day weekend with no major negative developments.
You do have to look at today’s action as compared to the volatility of the last several weeks. In tonight’s video I do that, briefly review the trade ideas and then look at AAPL prior to it’s big press briefing tomorrow. Continue reading
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