If AAPL can retake and hold its 30 week average it bodes well for tech stocks. AAPL reports earnings Thursday. Weekly chart.
Blog post: Day 7 of $QQQ short term up-trend; $MLI has GLB on above average volume, see daily, weekly and monthly charts
According to MarketSmith, MLI has comp=98, EPS=99 and RS=97. For a stock to trade at an ATH in such a weak market it is showing incredible relative strength. MLI reported good earnings today. See daily, weekly and monthly charts. Must not close below green line (63.07). Not a rec, for educational purposes only. Most break-outs fail in a weak market. See my recent talk on Day 3 of the TraderLion conference for a discussion of my GLB indicator. I presented after the wonderful John Boik.
Blog post: Day 6 of $QQQ short term up-trend; $CEIX to ATH after holding GLB, see daily and monthly charts
CEIX came up on one of my scans again. MarketSmith says earnings expected to be up +698% in 2022 and another 155% in 2023. Coal is king!, for now. See daily and monthly charts. Note recent GLB.
