About to join @DianeKingHall on the @SchwabNetwork to discuss $Financials & $Staples stocks $BAC and $MDLZ. These two groups have shown some relative strength the past week (both up 3% last five days), does it continue?
@SchwabTrading#SchwabCoaching
*not a recommendation
During rough market sessions like today, it becomes time to go looking for relative strength. Today, we peer into the $Staples sector.
@SchwabTrading@SchwabNetwork#SchwabCoaching
*not a recommendation
Bank of America upgraded UnitedHealth (UNH) to "buy" from "neutral" and raised its price target to $450 from $420.
@KevinHornerCS goes through the 90-day and one-year charts to highlight key support and resistance levels in $UNH.
For more market news, tune in at: https://t.co/sZO7mfqjul
$OIL has moved back into the gap. If it can get thru $95, it can see the $101 level, coincident with the volume point of control
@SchwabNetwork@SchwabTrading#SchwabCoaching
*not a recommendation
$OIL has moved back into the gap. If it can get thru $95, it can see the $101 level, coincident with the volume point of control
@SchwabNetwork@SchwabTrading#SchwabCoaching
*not a recommendation
$GEV broke down below the 50-DMA but is trying to confirm support at $940, coincident with the April 8th gap up. Let's see if this can hold
@SchwabNetwork@SchwabTrading#SchwabCoaching
*not a recommendation
$GEV broke below its 50-DMA today for the first time since December. Is this a fake-out or does it want to find support lower? 100-DMA lines up with horizontal support at $885
@SchwabNetwork@SchwabTrading#SchwabCoaching
*not a recommendation
$COST at its lows since breaking the downtrend from last year. Two week pullback has cut the stock by about 15%
@SchwabNetwork@SchwabTrading#SchwabCoaching
*not a recommendation
$SMR seeing a build in volume over the last couple months in its bottoming process. Today trading at 3-month highs
@SchwabNetwork@SchwabTrading#SchwabCoaching
*not a recommendation
Intuit (INTU) shares dropped following a downgrade from Goldman Sachs, which also slashed its 12-month price target to $276 from $519.
@KevinHornerCS talks about how the recent downtrend supports the argument that the stock may have hit a new bottom. He compares $INTU’s short-term trading action with longer-term trends.
For more market news, tune in at: https://t.co/pcDOeucBdc
$Oil has filled the gap and is taking a breather. Does it break higher and pressure stocks, or pull back and give equities a lift?
@SchwabNetwork@SchwabTrading#SchwabCoaching *not a recommendation