Earnings Season heated up last week with some stocks posting some incredible moves. DJIA component rallied some 8% on earnings day to a new all time high, $TWTR rallied over 16%, $YELP dropped 20%. $SSYS plunged near $30 lower on poor outlook. $GPRO squeezed $10 higher post earnings and then dropped almost $20 from there.
Hi Folks,
I've been working on two webinars simultaneously. The first one, "Bottom Fishing For The Next Winner - Big Bases" this Thursday night, should appeal to our right brained members. Bottom fishing is a tough game to play, as you are normally trying to find life in stocks which people have hated for years (think tech stocks after 2000). This webinar will show you one way how to find that hated stock which is about to come back to life and break out to the upside!
Friday was a fitting end to a memorable week. The Jobs report is the talk of the town this weekend. Rate hikes coming sooner than expected now? In 2008 when ZIRP came to be, 2010 was the year of the rate hike. Almost 7 years into unprecedented Central Bank action, rate hikes sound more like the voices of every sports fan before the start of the season, who think this is the year their team will win it all. As the season comes to an end and their team has failed to win the Championship they are quick to say "Next year will be the year". Perhaps this will be the year the FED hikes rates.... and if they don't.... there is always next year.
This weekends reads:
