Still in a holding, sideways pattern, waiting to see what the new administration might bring.
Some stocks of interest are: SWKS - Skyworks Solutions who reported good earnings,
CTXS - Citrix in anticipation of earnings. XLK - Technology Sector Spider looks interesting as well.
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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Sunday, January 22, 2017
Saturday, January 7, 2017
Stock Market Update
Wait and see. That's my current approach. I think the president elect may have affects on the market so I am not in any individual stock. Things are too unpredictable at the moment.
Andrew Horowitz at The Disciplined Investor has been calling Mr. Trump Twitter-in-Chief due to his propensity to tweet. This week Toyota's stock felt a little bit of an impact from one of those tweets from Trump. The stock reacted with a drop of .7% on the intraday chart. The stock did recover later on in the week and this was a minor blip for Toyota, but it is interesting none the less.
It should be an interesting year!
Andrew Horowitz at The Disciplined Investor has been calling Mr. Trump Twitter-in-Chief due to his propensity to tweet. This week Toyota's stock felt a little bit of an impact from one of those tweets from Trump. The stock reacted with a drop of .7% on the intraday chart. The stock did recover later on in the week and this was a minor blip for Toyota, but it is interesting none the less.
It should be an interesting year!
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