Weekly stock market analysis based on Stan Weinstein's stage analysis principles. Bull and Bear Market readings, Buy and Sell checklists, Dow, S&P, Nasdaq, GDOW, NYSE, NYSE A-D, NYSE 52 week highs and lows.
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I read the tape, not the news!
Saturday, April 30, 2016
Weekly Market Update: Some Indicators are Down
There was some turbulence this week as earnings season is underway. Apple took a beating, as did some other technology stocks, which brought the NasDaq below its 30 week moving average. There were some bright spots in tech, Amazon and Facebook both reported great earnings. We will see how the rest of earnings go this quarter.
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