Qualbomb

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There’s no particular theme to latch onto this morning – – we opened up weak and now we’re rallying – – so I’ll just share three interesting charts.

First up is Qualcomm, which got hit with a court ruling.

QCOM

Tesla, which I covered for a nice profit yesterday, still looks like a great short. However, I’d like it to fight its way back to the green tint before I go in again. This is one of many “not yet……” stocks.

TSLA

Nordstrom, which I thought was supposed to be bought out or taken private years ago, has lost about half its value. As the chart indicates, it has come full circle from some earlier gains, and it’s down over 10% as I’m typing this.

jwn