While we may not be in a full-fledged bubble yet, it doesn’t
mean we aren’t on the way to that point. Investors are very
exuberant, along with the media, and analysts are rapidly finding
ways to justify excess valuations. In the near term, a market top
is very likely. The market is currently up 17 of the past 19 weeks,
the longest stretch since 1980. More importantly, the deviation of
the market from the underlying 200-DMA is reaching rare extremes.
Furthermore, as noted above, the market trades 3 standard
deviations above the 50-DMA concurrently with market momentum and
breadth deteriorating. Historically, such a combination was a
decent warning of a near-term market top. - RIA Advice.
"Beyond Meat said fourth-quarter revenues decreased 7.8%
year-over-year to $73.7 million, which beat consensus
estimates of $66.66 million. The plant-based meat company
reported a fourth-quarter loss of $2.40 per share, versus a loss of
$1.05 per share in the prior year’s quarter.
The company expects full-year 2024 revenues to be between
$315 million and $345 million.
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ZIM - Below 200 dma
Posted by EdZ on 11th of Mar 2024 at 01:53 pm
ZIM - Below 200 dma
LABD
Posted by EdZ on 11th of Mar 2024 at 12:37 pm
LABD
QQQ - Back tested lower
Posted by EdZ on 11th of Mar 2024 at 11:14 am
QQQ - Back tested lower trend line break twice.
META
Posted by EdZ on 11th of Mar 2024 at 10:23 am
META
Probably A Market Top While we
Posted by EdZ on 9th of Mar 2024 at 12:54 pm
Probably A Market Top
While we may not be in a full-fledged bubble yet, it doesn’t mean we aren’t on the way to that point. Investors are very exuberant, along with the media, and analysts are rapidly finding ways to justify excess valuations. In the near term, a market top is very likely. The market is currently up 17 of the past 19 weeks, the longest stretch since 1980. More importantly, the deviation of the market from the underlying 200-DMA is reaching rare extremes. Furthermore, as noted above, the market trades 3 standard deviations above the 50-DMA concurrently with market momentum and breadth deteriorating. Historically, such a combination was a decent warning of a near-term market top. - RIA Advice.
QQQ 15min
Posted by EdZ on 7th of Mar 2024 at 10:53 am
QQQ 15min
URA
Posted by EdZ on 7th of Mar 2024 at 10:53 am
URA
LABD 60 min
Posted by EdZ on 7th of Mar 2024 at 10:20 am
LABD 60 min
COST could be next.
CIEN hit on earnings
Posted by EdZ on 7th of Mar 2024 at 10:12 am
COST could be next.
UNG - MAs starting to
Posted by EdZ on 4th of Mar 2024 at 10:45 am
UNG - MAs starting to move up. Should hit some resistance around 18. MACD cross is a positive for UNG in the past.
COST has earnings March 7th
COST - broke to the upside out of rising channel ...
Posted by EdZ on 4th of Mar 2024 at 10:29 am
COST has earnings March 7th after the close. Almost 25% away from 200dma now.
VLCN on the move again.
Posted by EdZ on 4th of Mar 2024 at 10:04 am
VLCN on the move again.
Nice move on natural gas
Posted by EdZ on 4th of Mar 2024 at 08:49 am
Nice move on natural gas overnight.
There goes APPL
Posted by EdZ on 1st of Mar 2024 at 10:37 am
There goes APPL
Surprised FNGD is up today.
Posted by EdZ on 29th of Feb 2024 at 09:47 am
Surprised FNGD is up today. Then noticed SNOW melted last night.
AI up over 5 dollars
Posted by EdZ on 29th of Feb 2024 at 08:44 am
AI up over 5 dollars pre-market. OKTA up 20.
The Army's Bradley replacement, the,XM30
VLCN----- video on line ---being reviewed by military
Posted by EdZ on 28th of Feb 2024 at 02:15 pm
The Army's Bradley replacement, the,XM30 is supposed to be a hybrid.
"Beyond Meat said fourth-quarter
BYND - I missed the volume spike into earnings yesterday. ...
Posted by EdZ on 28th of Feb 2024 at 10:36 am
"Beyond Meat said fourth-quarter revenues decreased 7.8% year-over-year to $73.7 million, which beat consensus estimates of $66.66 million. The plant-based meat company reported a fourth-quarter loss of $2.40 per share, versus a loss of $1.05 per share in the prior year’s quarter.
The company expects full-year 2024 revenues to be between $315 million and $345 million.
BOIL 60min
Posted by EdZ on 28th of Feb 2024 at 10:10 am
BOIL 60min
SOXS 60min
Posted by EdZ on 27th of Feb 2024 at 04:14 pm
SOXS 60min