Big earnings reports this past week with some notable stock reactions, especially in technology.
Recently, ahead of earnings, I issued a technical alert regarding the tech sector. Below please find a video analysis following up on the recent report.
Related Reading: Tech Alert
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Categories: Market Analysis
Also notice the harami candle on the daily S&P 500 this part Thursday. The scenario looks very similar to the end of January.
So now the fate of the S&P belongs to two stocks.sporting 52 & 228 P/E ratios and four-figure prices. Nice.
At some point will the economic story rest entirely on the shoulders of Alphabet? Perhaps they should’ve renamed themselves Atlas.
Like the video format Sven. Good work as always