On Thursday, big names are reporting earnings… AMZN, AAPL, GOOG, GOOGL, and FB… and these companies can shake the market for sure. I think the best one can do is to stay away for now until we see what is going to happen.
Archive for October 27th, 2020
FUTURES SET TO OPEN DOWN -1.14%
Selling in Wall Street is set to continue tomorrow. On Monday we saw the indexes declined (SPY ended the session down 0.33%) and the negative sentiment seem to continue. The futures pre-market data indicate the DJI to drop even more. As of now the opening will be down more than 300 points or -1.14%. Of Continue reading →
Cup and handle failed, what now?
The stock market was forming a cup and handle formation, but yesterday, this pattern failed. If we were to continue the pattern, we were supposed to continue higher as indicated in the picture below: Since this pattern failed, what is ahead of us now? We can see or identify two other possible Continue reading →
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