NFLX (Netflix Inc.) is soaring in after-hours trading following their quarterly earnings release. When I look at the weekly chart of NFLX as well as the price & volume action along various technical indicators, I see some almost uncanny similarities between NFLX today and AAPL when it put in a major top back on April [...]

Jul 17, 2017 6:51pm|Categories: Equity Market Analysis|Tags: , |7 Comments

FAAMG Stock Analysis & Update

As an update to last Thursday's QQQ & Leading FAAMG Stocks Analysis post, below are the previous & updated 60-minute charts (120-min on AAPL) in descending order of market cap, along with the near-term outlook for each of these market leading stocks.  The scenarios outlined below hinge largely on the preferred scenario outlined in the [...]

Jun 12, 2017 12:38pm|Categories: Equity Market Analysis|Tags: , , , , , , , , |0 Comments