Author: Philip Davis

Never before have such important earnings moved the market so little! Last night we heard from GOOG who once again pulled a rabbit out of the hat with an 10% increase in revenues as there was a huge surge in searches relating to...

Today’s tickers: YHOO, MMR, FXI, CI, HOG, KFT, NUAN& VMC YHOO Yahoo!, Inc. – Shares have rallied by more than 2% to $14.32 amid news that the company is seeking buyers for its HotJobs employment website and has...

Is today the day we break the pattern? I predicted a wild week on Monday morning and we have been having a fabulous time as it only took me until 12:51 on Monday afternoon to point out to members that we were following a...

Today’s tickers: SPG, AMR, EEM, MDR, EFA, EWZ, IP & M SPG Simon Property Group, Inc. – The real estate investment trust (REIT) has experienced a significant rally of more than 9% to $42.16 today and was added to...

Let us go back in time… Way back to January 14th, when the Dow was at 8,440 andthe Beige Book of that day said: “”The New York Fed reported that “a contact monitoring the financial sector maintains that...

Today’s tickers: MSFT, XLF, VRTX, X, MT, TIF, JCG & AIG MSFT Microsoft Corporation – Some option traders laughed in the face of a 2% decline in MSFT’s shares and were seen making some bullish plays on the...

Are we there yet? In our last Big Chart Review, on March 26th, I pointed out that we were still down 50% on most of our indexes and that we needed to get to 48% to consider it a proper rally. On Monday, the NYSE hit 48% on the...

Today’s tickers: HOG, GE, GM, MWW, MAR, YHOO, ALL & C HOG Harley-Davidson, Inc. – The motorcycle company’s shares have dipped by more than 2% to $17.64 today and have motivated investors to shop for...

Welcome back! It’s always hard coming back off a holiday weekend. Not everyone is in the mood to work and not everyone even shows up. Europe isn’t showing up this morning as their markets are closed todaybut...