Friday, May 20, 2016

Early Morning Update May 20, 2016.


  1. Yi: -0.5
  2. A possible bottom here for: CAKE, JCP, M, SBUX, SHLD, TSLA
  3. Average oversold: ATI and X
  4. Moderately oversold: AU, AXP, CAKE, DIS, DM, GG, HSNI, IP, JNUG, NAT, NUGT, O, PEP, RGLD, WSO
  5. Attempting to hold the 65 DMA here: FB, IJH, IYJ, MDY, NOV, SYY
  6. Attempting to hold the 28 day: ABX, AEM, BMY, EROS, JNJ
  7. Up against the 65 DMA here: AAPL
  8. Moderately overbought now: AA, QCOM, UUP
  9. Toppy: $WTIC
  10. Anything posted here may be off base of course.

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