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from MoneyMiser21: Before you slide up to the table for extra helpings of turkey, stuffing, and pumpkin pie… there are several 21st Century trade trends you may want to consider before Thanksgiving week arrives.
THANKSGIVING WEEK TRENDS
Some traders won’t be surprised to learn that the week of Thanksgiving itself shows a bullish trend so far this century. But what you may be surprised to learn is which of the big four indices stands out the most.
(more…)I’ve got great news, SlopeCharts users: the comparison feature is now vastly improved! After all this time, we now not only have percentage charts, but also price comparison charts.
SlopeCharts not only has comparison charts, but it has two distinct styles of comparison charts, each with their own purpose and value. One style is percentage-based (which can compare as many symbols are you like) and the other is price-based (which lets you compare two symbols, each of which will have its own independent price axis). You can choose what style you would like from the Preferences menu, in the Appearance tab:
(more…)Here are three stocks with continued technical momentum in the days and weeks after strong earnings releases.
Clovis Oncology, Inc. (CLVS) jumped 75 cents to $7.76 on 8.1 million shares Thursday. The move continued the stock’s run-up following the biotech company’s better-than-expected earnings release two weeks ago. The stock closed right above lateral resistance, and next target is the rising channel top near $9-9.25.
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