Monthly Archives: February 2019

2/8/2019 – $CLF

Stock Overview: Cleveland Cliffs Resources ($CLF) was an earnings winner up 10% on the day. Market Overview: The market is giving back big gains from the past two weeks on negative trade headlines and FED commentary. Technicals: The daily & weekly candles on this name are bullish making higher lows higher highs – everything you want to […]

2/6/2019 – $NEM

$NEM

Stock Overview: Newmont Mining has been grinding higher with the overall strength in the spot gold price. Market Overview: The market has made a huge run into last nights SOTU speech. The first hour of trading suggests a flat neutral day is likely. Technicals: The stock opened up red and immediately and got bought up to flat. NEM […]

2-5-2019 $NEM $X

Stock Overview: $NEM has gone on a big run with the rest of the gold sector with the spot price of gold moving higher over the past few weeks. Market Overview: The market opened up green and has been grinding higher all day on optimism for Trumps SOTU speech tonight. Technicals: At the time of the trade the […]

2-4-2019 – $X

Stock Overview: $X was an earnings loser, but based on valuation & overall market strength the stock has been range bound. Market Overview: The market opened up slightly red after last weeks huge move higher. Expecting more chop this week. Technicals: At the time of the trade the market was red and $X was green. The daily prior high […]

1-31-2019 – $SBUX

Stock Overview: $SBUX was an earnings winner inching towards a new 52 week high. Market Overview: Market has been on fire since the FED released “dovish” language Wednesday afternoon. Technicals: Weekly and daily candles higher highs higher lows. Above key moving averages, market on fire and stock very close to fresh highs. This morning buyers stepped in again […]