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Usequities

Hershey's CoCo Sector Report - January 28, 2017Materials and Finance both started the week flat, moved up for a couple days, then remained steady on Friday while the US and World markets were down. If the US and World indexes are up next week I expect much from these two! Real Estate and Consumer Staples (Non-Cyclical) were the clear Sector losers taking back all the gains they made early in the week to finish weak. Materials had over 60 stocks > 5% for the week... compare that with Real Estate that had only 9! Good trading! Brian Hershey ***************************** Check out my "Hershey's CoCo World" indicator, available now for your US stock and sector evaluations. "CoCo World" helps to answer the following question: Is this stock moving alone or with the US and world markets? No stock is an island, so it's important to see what everyone else is doing. Useful across all time frames, small and packed with info!
AMEX:XLB
by bnh
1
US equities SPX losing background bullish momentumUS Equities remain at elevated levels, with focus on the 2300 psychological barrier and (150%) projection of the 2015-2016 fall. Extension towards the 2332, (161.8%) retracement cannot be ruled out as the Tension Indicator, not shown, continues to strengthen, but overbought stochastics and weakening background readings are expected to make gains progressively difficult to sustain and promote profit-taking pressure into the coming months. A close below 2200 would turn investors cautious once again, and open up further losses to congestion around 2100. A close below the 2083.79 low of November, however, would add weight to price action, and signal a deeper reaction towards congestion around 2000.
TVC:SPX
by Michael_Macdonald-XATSUK
Facebook remains under long term pressureThe sharp rejection of the October highs is attempting to stabilise above USD113.00. Consolidation is highlighted in the coming week or so, but the fall in momentum studies and deterioration in sentiment are likely to keep prices under pressure into the beginning of 2017Q1. Also, from a relative perspective, Facebook is also underperforming the US Technology Sector, which itself is Underperforming the S&P500. This double filter also highlights downside risks into the coming months.
NASDAQ:META
by Michael_Macdonald-XATSUK