JUST LETTING YOU KNOW We’re now really getting past the meat of earnings season. And to say the least, reaction has not been overall on the thrilling side. Apple Next quarter, the consensus expectations had been for Apple to come out and do 15.5 bucks vs. last year’s 13.87, which is not a great growth [...]
Archive for the 'Oversold' Category
10/25/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
02/13/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW… The Market Priceline’s been in a 9-month trading range and broke above it today. Long base, good volume pattern…about 80% above normal. Of course, it’s gotta stick. Also of note today. Good action in the growth names I’ve been telling you about: Coach, Chipotle, Celgene, Dollar Tree Stores, Intutive Surgical, MasterCard, [...]
SHORT-TERM…MARKETS DEEPLY OVERSOLD
Since I told you markets were starting another leg down, major indices have dropped a whopping 8-10%…and that’s just in days. So…to be clear…markets are again stretched, extended and oversold to the downside. This doesn’t mean a good bounce is coming and this just keeps heading lower…just that the conditions are now set for a [...]
