(can the momentum continue?)
These sectors are picking up momentum … Current broad market sentiment … Market-moving FED report comes out tomorrow. What will it say? … Will market momentum continue? … Plus my top breakout and breakdown stocks, complete with profit targets! Click to get it all now! | |
My pivot number today is 4545 on the ES (S&P 500 futures). The general market has broken above my resistance number and the next resistance is up at 4586. Support will come in at 4515 which is Monday's high. If the market holds up over the first hour, look for a challenge of that next resistance. Keep your eye on AAPL. The stock is one dollar away from its yearly open. If it takes out the yearly open that's probably an early sign that buying will step in. ~ TBUZ | |
Overstock (OSTK) is on my list. Watch the 50-day moving average, earnings (about Feb 23rd) and year open. Longer term target is back to $100, then $110. Stop is at $43.39. | |
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