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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (17182)8/24/2015 1:17:56 PM
From: The Ox  Read Replies (1) | Respond to of 33421
 
Oil has been a very good indicator lately for the way SPY trades. Not a lock but in general when Oil is weak, so is SPY. If SPY is moving up and oil rolls over, SPY will do the same more often than not.



To: John Pitera who wrote (17182)9/29/2015 1:31:40 PM
From: The Ox  Read Replies (1) | Respond to of 33421
 
AMBA finally back to where one MIGHT call it in line with it's fundamental growth. 15 PE times forward earnings expectations of $3.60 next year gives a $54 price target or $46 on 15x trailing earnings.


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