Amazon’s charts are troubling ahead of earnings: Technician

By Heidi Chung, CNBC Amazon's amazing run may have come to an end, according to one technician. After surging more than 35 percent in the first seven months of the year, shares of the e-commerce giant have been trending lower, underperforming both the broader markets and its FANG counterparts. "Much of the broader indices are breaking through the summer 2017...

Amazon’s charts are troubling ahead of earnings: Technician

By Heidi Chung, CNBC Amazon's amazing run may have come to an end, according to one technician. After surging more than 35 percent in the first seven months of the year, shares of the e-commerce giant have been trending lower, underperforming both the broader markets and its FANG counterparts. "Much of the broader indices are breaking through the summer 2017...

Here’s why one chart watcher says the stock market is finally ready for a pullback

– Mind the ‘gap’ on the S&P 500 daily chart: BTIG’s Stockton – By Anora M. Gaudiano, MarketWatch There‘s no single technical indicator that reliably calls tops and bottoms. But when certain conditions begin to agree, it can offer a valid signal, according to analysts. A confluence of technical considerations have formed a “perfect condition” for a mild pullback for...

Here’s why one chart watcher says the stock market is finally ready for a pullback

– Mind the ‘gap’ on the S&P 500 daily chart: BTIG’s Stockton – By Anora M. Gaudiano, MarketWatch There‘s no single technical indicator that reliably calls tops and bottoms. But when certain conditions begin to agree, it can offer a valid signal, according to analysts. A confluence of technical considerations have formed a “perfect condition” for a mild pullback for...

Q3 Earnings Report Card: So Far…. Meh

It's officially underway. In fact, it's 20% done. Third quarter earnings season that is. In fact, 21.5% of the S&P 500's constituents have reported their Q3 results. Though we've seen more beats than misses, the overall earnings outlook for the third quarter is already on pace to roll in lower than anticipated just at the end of September. It's still...

Q3 Earnings Report Card: So Far…. Meh

It's officially underway. In fact, it's 20% done. Third quarter earnings season that is. In fact, 21.5% of the S&P 500's constituents have reported their Q3 results. Though we've seen more beats than misses, the overall earnings outlook for the third quarter is already on pace to roll in lower than anticipated just at the end of September. It's still...

Weekly Market Outlook – The Bulls Just Went “All In”

The market didn't exactly get last week started on the right foot, but it certainly ended the week on a high note. Spurred by renewed hopes that tax reform would get done this year after all, the S&P 500 pushed its way to close of 2575.21 on Friday. That's up 0.7% from the prior week's close, but an impressive 1.1%...

Weekly Market Outlook – The Bulls Just Went “All In”

The market didn't exactly get last week started on the right foot, but it certainly ended the week on a high note. Spurred by renewed hopes that tax reform would get done this year after all, the S&P 500 pushed its way to close of 2575.21 on Friday. That's up 0.7% from the prior week's close, but an impressive 1.1%...
BECOME A BIG TRENDS INSIDER! IT’S FREE!