IBM Bucks the Bearish Trend — Why I’m in on This Quantum Computing Play
The reason is simple — and here’s the setup.
The reason is simple — and here’s the setup.
There’s lots to love about the stock market right now. And many things to be concerned about.
The company has not had a letdown since posting strong earnings in April.
Let’s think a little more about the mighty, mighty SanDisk.
The S&P handled some volatility last week, but a seasonally weak stretch is upon us.
We got that rally last week, but under the surface, there are worrying trends.
Stocks that should be rallying are instead selling off hard.
We closed three positions, began a new one, and added to two others. Plus, we look ahead to the potentially most impactful earnings report next week.
The stock remains in a range after a couple of violent moves.
Oil down, transports up. That’s the old relationship. But it isn’t working these days.