Market Looks Toppy and A Closer Look At The Dow The market is getting weaker, not stronger. We are continuing to see more and more deterioration occurring as the major indices look toppy up here. The tape continues to break down. The bull market is over 6.5 years old and that is considered an aging…
The Airline Industry Has Evolved: The airline industry has consolidated significantly over the past decade. In addition to the massive and much needed consolidation, airlines have cut costs, become leaner, and created a new set of fees that generate billions of dollars per year in new revenue (bag fees, change ticket fees, misc fees, charging…
Stock quotes in this article: $HACK, $CYBR, $FEYE, $FTNT, $BLOX, $JNPR, $PANW Our long-standing readers know that we are bullish on cyber security stocks and have been for a while. Most recently in May 2015 we wrote an article for Jim Cramer’s RealMoney.com outlining our bullish fundamental and technical thesis for cyber security stocks. Our Bullish Thesis:…
On Thursday the tech heavy Nasdaq 100 broke out of its year long range and hit a fresh 15-year high as we enter the heart of earnings season. This very strong action is typically bullish for the broader market and leading stocks. Three of the market’s leading groups right now include: Financials, technology, and…