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Showing posts from October, 2018
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The indicator that Wall Street will follow this week

The important SMA10.
The SP500 index, the most representative and important of the NYSE, has been sinking more than 9% this October, losing near all YTD gains. The Nasdaq is also a loser, having its worst month since 2008. Some ideas and reasons for this sell-off, I outlined in this previous post.…
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Following AMD, SQ, TWTR, VMW in October

Brief comments and ideas of stocks that belong to my Watchlist. Today the SPX is, technically, in a 2-day slow recovery, but still below its key simple moving average 200, with many bearish signals. Let check some Nasdaq stocks:

1. Twitter TWTR, $32.36

2. Advance Micro Devices AMD, $17.75



3. Squar…
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Sell Off: factors behind the correction

As all market sell-off as the present, the analysts begin to look for explanations to it. Which main force is behind it, and if this trend will continue. Yesterday SPX dropped 3.3% and today 2.06%, causing it to break the important SMA200 level that for months had become invincible and caused succ…
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Stocks to Watch: AK Steel $AKS, Ubiquiti Networks $UBNT

1. AK Steel Holding AKS, $4.83.
Background:

When Trump took office in 2016, one of the industries that seemed to will have the best growth was construction. In those days the confirmation of the execution of the border wall with Mexico favored several stocks and etf of the sector: construction co…