Join NOW… 1 month – $129 3 Month – $261 6 Month – $462 1-year – $924 (BEST DEAL!) ================ Pfizer (PFE, 38.21, up $0.93) PFE December 37 calls (PFE191220C00037000, $1.60, up $0.45) Entry Price: $0.75 (10/21/2019) Exit Target: $1.50 Return: 112% Stop Target: $1.40 (Stop Limit) Action: Set a Stop Limit at $1.40 to start protecting […]
Author Archives: Rick Rouse
Tuesday kicks off the start of the “official” start of the 3Q earnings. Here is a peak at some of the major companies reporting numbers. Sign up today to get in on the action! Before the open: Aphria (APHA), BlackRock (BLK), Charles Schwab (SCHW), Citigroup (C), Goldman Sachs (GS), Johnson & Johnson (JNJ), JPMorgan […]
The bulls will need to show continued strength today to confirm higher highs and a possible near-term bottom for the major indexes. The 3-day momentum helped level out the downtrending 50-day moving averages for the major indexes and this was a bullish development. Although the small-caps remain a slight concern, they could show the most […]
3 Month – $261 The percentage of S&P 500 stocks trading above the 200-day moving average closed at 62.57% on Friday, up 4.56%, with the session peak reaching 64.75%. Lower resistance from late September at 62.5%-65% was cleared and held. A close above the latter would signal additional strength towards 67.5%-70% and prior support to […]
The Utilities Select Spider (XLU) settled lower for the 4th time in 5 sessions following the intraday pullback to $63.70. Upper support at $63.50-$63 held. A close below the latter would be an ongoing bearish signal with downside risk towards $62.50-$62 and the 50-day moving average. 6 Month – $462 Lowered resistance at $64-$64.50. A close […]
The iShares 20+ Year Treasury Bond ETF (TLT) extended its losing streak to 3-straight sessions following the pullback to $139.71. Prior and upper support from mid-September at $140-$139.50 was breached but held. A close below the latter reopens downside risk towards the $138-$136 area. Lowered resistance is at $141.50-$142 with additional hurdles at $142.50-$143 and […]