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Progress to Weekly 21 EMA

July 22, 2022

  The bulls made progress this week with a slight drop on Friday. The question now becomes whether or not the markets can get back above their weekly 21 exponential moving averages (EMA). We’ll look for progress to start on … Read more

Down Goes SNAP

July 21, 2022

We’re wrapping up earnings this week with a big impact from Snapchat (SNAP). SNAP released earnings on Thursday, and the price dropped over 20% after-hours, making a new low at $11.80.   The S&P 500 (/ES) traded above significant resistance … Read more

Heading Into Earnings Season

July 19, 2022

  The beginning of the earnings season starts this week. There are a few major earnings reports we want to focus on. On Tuesday, Netflix (NFLX) reports after the close. ASML Holding semiconductor company (ASML) reports Wednesday morning, and Tesla … Read more

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