Boeing ($BA) has been the best-performing Dow component this year. Not only is Boeing the largest percent gainer, up 25% YTD, but it has also contributed the most gains to the Dow YTD as well as over the past year, due to its 11% weighting. In their morning note today, Bespoke pointed out Boeing’s superior […]
Litecoin Shines During Recent Crypto Bounce
Crypto charts have been creeping back into the financial twittersphere lately. As most popular coins ala Ethereum, Bitcoin and Ripple are still cooling off from last year’s bloodbath, one coin has been showing consistent outperformance. As Trader, Peter Brandt points out in his tweet below, “in the past three months $LTC has doubled in value […]
What is a Brobdingnagian Base?
One of my favorite technicians of all time is John Roque. John formerly worked as a technical analyst under George Soros at Soros Fund Management. He then left to help manage Key Square Capital, a Hedge Fund that Soros seeded with $2 billion. John Roque joined Twitter this past month and has been tweeting under […]
Daily Chart Report ? Friday, February 15th, 2019
Sponsored By: Today’s Summary Friday, February 15h, 2019 US stocks ended the week on a strong note with the Dow Jones Industrial Average closing up 444 points or 1.74%. Today marked an eight-week winning streak for the Index. All 11 of the S&P 500 sectors were positive today. Financials were a clear winner, closing higher by […]
“You’ve Got to Stay Away From This Stock”
Earlier this week, Ari Wald of Oppenheimer appeared on ‘Trading Nation’ to give his thoughts on Activision Blizzard (ATVI). Ari’s sentiment towards the stock can be summed up in one sentence: “It looks awful.” And to be honest, it’s hard to argue with that statement. As Ari points out, Activision has failed to recoup its […]