On June 20, 2017 I included Microsoft (MSFT) in a Quick Hits update with General Electric (GE) and Johnson & Johnson (JNJ). One of my comments for MSFT in the article mentioned a $67 support level to go long. now that MSFT’s share price has been consolidating and advancing above...
After one of its largest percentage moves that the pharmaceutical sector has ever made back in November 2016, the sector has proverbially been “stuck in the mud” and has gone relatively nowhere since its largest percentage move ever. Even high-flyer Tesaro (TSRO) has seen some selling pressure after making its huge...
FANG stocks have seen some increased selling pressure lately. The sell-offs for some of the tech titans in the FANG group seemed to have started at the end of last week. Apple (AAPL) is not technically part of the FANG group. FANG stands for Facebook, Amazon, Netflix and Google. But...
My last article for Cisco Systems (CSCO) was rather bullish – I wrote that CSCO looked like it was on a breakout of epic proportions. It looked as if CSCO was going on a possible multi-year breakout. Since that time period, CSCO has not made any significant advance with its share...
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