Tag Archives for " LUV "

What the Close Doesn’t Tell You

What the close doesn't tell youThe DJIA was +23 points today. The S&P500 (SPX) and the NYSE Composite Index (NYA) were also up slightly. The Nasdaq and Russell 2000 were both down. So mixed results.  

In the Weekday Market Wrap video below I talk about the market action today that the close doesn’t tell you. I check in on Cyber Ark Software (CYBR) and Gilead Sciences (GILD) and also talk about a new trade idea on Keurig Green Mountain (GMCR). Continue reading

Selling Pressure Continues

selling pressureSelling pressure started to build last night with futures down big. China had more negative news that reinforced the slowdown picture. Japan dropped 3.8%.  So the DJIA ended the day down 469 points.  All of the indices had similar results. In the video below I show how my wave  count on the DJIA continues to point lower.  Stocks in focus are GPRO, LUV, ADBE, LULU and AAL. Continue reading

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