Many breakdowns late in the year, in election years, are false.
TIVO was universally recommended in late September. I guess longs wish they could "press rewind" on their trades.
WLT is starting to look better, at least on a weekly chart.
Big negative RSI divergence in AAPL on a weekly chart.
S&p 500 starting to show divergence, but price needs to break at least the 10 period M.A.
Apple had at least 14 recommendations when it first approached 700.
TRIP was upgraded by many analysts in early May, following an upbeat earnings report. That just happened to be the high for the stock.
Trading X versus the reaction of AA to it's earnings report.
The VIX has been subdued because of the "Benanke Put".
Coal stocks have looked strong this week.
Walmart needs to hold this trendline. Also 3 of the moving averages are converging, meaning a big move is coming.
Goog showed a classic RSI divergence on it's last high. The failure to hold 760 was key.
Even though the SPY is oversold, this 60 minute chart better hold the trendline. If not, look to 142 as the next support.
WFM has been one of the leaders all summer, but high PE stocks are starting to take a "lickin".
Azo has been holding in like a champ. If it holds this breakout it could go and test the 397 level.
WLL had huge call buying in the January strikes 2 weeks ago. I would be much more interested if the October, or November calls see some action.
APKT has seen big call activity on any uptick. Will look to go long on a break above the triangle.