To sum up, The $SPX and $NDX ended the day near the low of Tuesday and after the reports of $INTC and $AMZN we could expect lower confidence tomorrow. Amazon reported third-quarter sales guidance that missed analyst estimates, leading to a 4% drop in its stock after hours.
July ended with a quite interesting push up on the last day, making for an intriguing conclusion to the month. MARKETS TECHNICALLY: The Dow Jones Industrial Average (DIA) did not trade negative for the second half of the month. The correction, if we can even call it that, was not strong, despite bears being in
We transitioned from a rejection day (link to July 25th post) to an inside day (link to July 29th post), and now, with the weakness from NVDA, we have seen a lower low in NQ. $MSFT just reported, and market participants have pushed the stock lower. We will see if the market trades lower in