Chart of the Day: Is Costco Finding a Low?
The big retailer may be basing here before making its next move.
The big retailer may be basing here before making its next move.
Here’s why I’m long Microsoft and Amazon into crucial results this week.
Stocks had a chance to run higher this past week but missed their chance.
Rather than rely on anecdotal evidence, let’s take a look at what matters, the indicators.
We’re focusing on margins and backlog over cash flow concerns.
Tesla and Alphabet pulled the Nasdaq lower, while Treasury yields continued to climb.
Oil, yields, and earnings from Tesla and Google create a stench on Wall Street as war and tariffs pave way ahead with looming perils.
The number of stocks setting new lows rises on the Nasdaq, while skyrocketing on the NYSE. Investors aren’t panicked, but they are showing concern.
The stock continues to perform poorly but is trying to find a bottom.
While most investors rely on increasingly complex tools, Meisler sticks to hand-drawn charts and a straightforward process focused on sentiment, support, resistance, and discipline.