Stock Watchlist May 11th 2021

Yesterday index’s closed higher and stocks went along for the ride. I’m going to omit the index charts today cause there’s a lot I want to cover in terms of stock specific movement. TSLA – she’s been in the watchlist every day since March 31st & that day it closed over the 20 Simple Moving…

Here we are! Second to last week of the month. We’ve seen seasonality play out for a bullish April so far. We also accurately anticipated rotation into Tech for Q2, which has produced some really nice moves – MSFT / FB / SQ / TSLA / AAPL. As a result, index’s SPY QQQ DIA are…

From the Stock Market Almanac “Trading The Thanksgiving Market” For 35 years, the “holiday spirit” gave the Wednesday before Thanksgiving and the Friday after a great track record, except for two occasions. Since 1988, Wednesday-Friday gained 18 of 31 times, with a total Dow point gain of 601.32 versus Monday’s total Dow point loss of…

Shortened holiday weeks are generally bullish and this week so far has proven this theory. In addition, we have Q1 in the books. It feels like we’re seeing a hint of rotation back to tech. Normally I’d think this move isn’t “real” but with Earnings season ramping up in a month or so, I expect…