Tuesday, April 10, 2018: 2nd Day Rally Better Than The First

Trying to Get Back on Track?

It’s as if a huge weight is upon the stock market’s shoulders. Like a large boulder that Wall Street is trying to get out from under. But, for many companies the real test of a rebound will happen after first quarter earnings are posted. Then we might possibly see some gap ups!

How can we tell that the stock market is still struggling? Well, aside from the major stock indexes like the DOW and NASDAQ, just looking at Apple stock (AAPL), the company that has the largest market cap is a good indicator or how the markets are doing.

If Apple does well with its stock performance, the probability is great that the rest of the market will follow suit, regardless of geo-political events. Well, that’s how I see it, anyway.

As you can see in the chart below, Apple is still struggling in 2018.

finviz dynamic chart for  AAPL

My Uptrending Watch List

Below are stocks that seem to be bucking the trend, and it is assumed that we all want to watch stocks that seem to be bucking the overall trend downward.

finviz dynamic chart for  VRNS finviz dynamic chart for  EL finviz dynamic chart for  RTN

Disclaimer: The content provided here is for information and entertainment purposes only. It’s not intended as an offer or solicitation to purchase any investment. And this material should not be taken as investment advice. Investing in equities is subject to extreme volatility.
Trade at your own risk.

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Carlos Rull

Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and Amazon.com.

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