Stock Market Astrology
If LVS can close over the 50 day moving average going forward, you could see the boutiques near me run back to $10. LVS stock broke out on Wednesday, I am watching for a possible retest of the 50 day moving average at $8.86. Bank of America Corp ( BAC ) – Bank of America Corporation continues to perform strongly after closing over the 200 day moving average which sparked a long term buy signal. Will it last? The QQQQ has some major resistance between $30.42 – $30.76 and to close above these levels over the next few days would be amazing. A break above $7.95 and the buyers will flood back into the stock driving it even higher. New jobless claims have now held above the 800,000 level for three consecutive weeks, following a stretch of nearly two months of new claims below that level. 4.22% rallied 5.1% in premarket trading Friday, after the recreational vehicle maker reported a big fiscal first-quarter profit beat and revenue that rose well above forecasts, boosted by strength in its towables business.
If Oil prices continue to surge higher, look for strength in BEXP stock. Look for the next support zone ( $2.55 – $2.60 ) to attract some buyers who missed the last move. Support is currently at $6.50 and $5.55. Buy on the Dip – Below is a list of stocks I am willing to buy if we get a pullback. Daily Finan. Bull 3X Shs(ETF)(FAS) – FAS stock had a pullback Thursday after failing at near $50 on Wednesday. Daily Finan. Bull 3X Shs(ETF)(FAS) – FAS stock continues to fail near $50. Targacept, Inc. (TRGT) – TRGT stock jumped again Friday after pausing on Thursday. Keep an eye on Continental Resources Inc. (CLR) – Whiting Petroleum Corp. Keep an eye on these coal stocks as well as Bucyrus International Inc. (BUCY) – Peabody Energy Corp. You can also keep an eye out for any signs of local businesses closing down and go in and ask them whether they can sell their stock in bulk for a discounted price.