Tuesday, November 28, 2023

Technical Bullflag Breakout Pattern - MELI and PANW

 3 Nephi 24:6 " For I am the Lord, I change not; therefore ye sons of Jacob are not consumed.



November 28, 2023


MELI has had a stellar 3 consecutive earnings reports, only this 3Q that the stock price is finally breaking above its $1440 technical resistance.  It is currently trading and printing a new 52-week high in the last 2 weeks, the all-time high stock price is at $2020.




PANW has had a string of strong quarterly earnings reports.  The technical settings are in a bull flag pattern daily and weekly.








Wednesday, November 15, 2023

Stock Market Recap - November 13- 17,2023

 

November 13, 2023


It is a quiet day in the US stock market, with mixed breadth performance.

  • DIA +.16%  QQQ -.31%  SPY -.10%


TSLA Technicals seems ready to break out of its box trading range -



Stocks to Buy after a Strong Earnings Report for 4Q of 2023

November 27, 2023


Here are the technical updates of the stocks published below from November 15, 2023.

  • EXPE +15%    since published
  • CMG +4.34%  since published
  • MSFT +3%     since published












November, 15, 2023


These stocks have formed a technical bull flag pattern that seems ready for a breakout to the upside after these companies reported their Q3 2023 earnings.


EXPE Earnings Report

MSFT Earnings Report

CMG Earnings Report

Friday, November 10, 2023

Stock Market Recap- November 6-10, 2023

November 9, 2023


The 7th-day positive streak in the US stock market has been broken today.  The S&P 500 stumbled on previous key pivot resistance at 438coinciding with Federal Chairman Powell's hawkish speech at Washington DC Chairman Powell

  • SPY -.78%  DIA -.59%  QQQ -.77%


Earnings Mover:








November 8, 2023


It's a quiet day in the US stock market, the US major indices are in mixed breadth, however, the equities breadth today is mostly on the sell side. 

  • SPY +.07%  QQQ +.06%    DIA -.12%



Earnings mover:




November 7, 2023


The US major benchmark continues to streak its 7th consecutive day of green performance.


  • DIA +.15%  QQQ +.95%  SPY +.28%


Stocks Earnings Winners:
















November 6, 2023


The US benchmarks continue its 6th Green Day performance.


  • SPY +.23%  DIA +.13%  QQQ +.41%










Pull Back Coverage 4/17/24

  April 16, 2024             The stock market has been firing on all cylinders since last week. The volatility is attributable to geopolitic...