Stock Market started the week on the low side on increasing Tariff pressure, however we are still finding some great buy spots and here are some of the things are looking in our Portfolio.
$AMD buy signal; $AMZN buy; $BIDU, buy signal; $FB, nothing; $GOOGL buy signal; $HTHT buy signal, $NFLX nothing, $NVDA, buy signal, $TSLA, continue previous buy signal, $XLK buy signal, $YY, nothing.
RSI 5 system buy signals on all 4 indexes.
Indexes stochastic monthly, of all them TNA looks compromised at the highs, but still could go higher and test previous highs on Stoch, $NDX is showing a positive signal on the monthly stochastics with $SPX.
Monthly Volatility is good enough to start a move up on indexes, daily inverted charts are oversold enough to justify a consistent move up across the board.
2C-p = 29.2 (35.9 previous) 6/29/2018 close.
Bottom spotter has made a positive turn
Yield Curve: As long as it says normal, I’m not worried. When it changes to “flat”, then we should start paying attention.
Have a nice week
We have few trades placed taken in our chat room
