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To: Return to Sender who wrote (76195)7/5/2017 1:39:20 AM
From: Donald Wennerstrom  Read Replies (2) | Respond to of 95572
 
I agree, we will see what happens the rest of this week.
MU needs to get back above the daily trend line. Otherwise previous support becomes resistance.



To: Return to Sender who wrote (76195)8/14/2017 9:40:51 AM
From: Return to Sender1 Recommendation

Recommended By
The Ox

  Respond to of 95572
 
Good morning. Happy Monday. Hope you had a good weekend.

The Asian/Pacific markets closed mostly up. Japan and Taiwan were weak, but China, Hong Kong, South Korea, India ad Singapore did well. Europe, Africa and the Middle East are mostly up. France, Turkey, Germany, Finland, Switzerland, Kenya, Spain, Italy, Israel, Austria and the Czech Republic are leading the way. Futures in the States point towards a big gap up open for the cash market.

—————
eBook: High Probability Setups for Stocks and Options
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The dollar is up. Oil and copper are down. Gold and silver are down. Bonds are down.

I don’t need to rehash charts from over the weekend that pointed to a near-term bounce. Assuming one plays out after the opening gap up, the indicators will tell us if the move has legs or is likely to get sold into.

I continue to like the market overall and believe the bulls deserve the benefit of the doubt. The market has done too well for too long to think it will just turn on a dime and fall apart.

Stock headlines from barchart.com…

International Paper (IP +0.73%) was upgraded to ‘Buy’ from ‘Neutral’ at D.A. Davidson.

Orbital ATK (OA +0.70%) was upgraded to ‘Buy’ from ‘Hold’ at Argus Research with a price target of $120.

Weyerhaeuser (WY +0.31%) was downgraded to ‘Market Perform’ from ‘Outperform’ at BMO Capital Markets.

Masimo (MASI +1.88%) was upgraded to ‘Buy’ from ‘Neutral’ at BTIG with a price target of $100.

Temper Sealy (TPX +1.55%) was upgraded to ‘Overweight’ from ‘Neutral’ at Piper Jaffray with a price target of $80.

CNO Financial Group (CNO -1.66%) was downgraded to ‘Underweight’ from ‘Equalweight’ at Morgan Stanley.

CenterPoint Energy (CNP -1.06%) was upgraded to ‘Neutral’ from ‘Underperform’ at Credit Suisse.

Pure Storage (PSTG +1.04%) was downgraded to ‘Hold’ from ‘Buy’ at Maxim.

Intuitive Surgical (ISRG +1.38%) gained 1% in after-hours trading after its board approved a 3-for-1 stock split for each shareholder as of September 29. Trading will start on a split-adjusted basis on October 6.

Lockheed Martin (LMT +0.16%) was awarded an $8 billion-dollar contract from the U.S. Department of Defense for Special Operations Forces Global Logistics Support Services.

Fly Leasing Ltd. (FLY +0.99%) filed to sell a $1 billion shelf of mixed securities.

Today’s Economic Calendar
none

Other

today’s upgrades/downgrades from briefing.com

this week’s Earnings from Morningstar

this week’s Economic Numbers/Reports powered by ECONODAY



To: Return to Sender who wrote (76195)10/5/2018 2:48:30 PM
From: Return to Sender2 Recommendations

Recommended By
Donald Wennerstrom
Gottfried

  Read Replies (2) | Respond to of 95572
 
An update on MU's charts. They speak for themselves:



The stock is right at its upward moving trend line on the weekly chart.



In addition the monthly chart shows the stock has undergone a high volume reversal.



RtS



To: Return to Sender who wrote (76195)9/22/2019 11:29:24 AM
From: Return to Sender  Respond to of 95572
 
Sideways Week Ends on Lower Note
20-Sep-19 16:15 ET

Dow -159.72 at 26935.07, Nasdaq -65.20 at 8117.67, S&P -14.68 at 2992.11

briefing.com

[BRIEFING.COM] The stock market ended the week on a lower note after a midday swoon pressured the S&P 500 (-0.5%) into negative territory. The benchmark index lost 0.5% for the week while the Nasdaq (-0.8%) underperformed, surrendering 0.7% since last Friday.

The trading day started with slight gains amid news that the Trump administration will temporarily exempt some Chinese products from tariffs. However, a midday report from Reuters noted that the Chinese trade delegation, which visited Washington for talks, cancelled its plan for a visit to Montana. That report knocked the major averages to session lows, fueling renewed worries about how much progress has really been made in the ongoing negotiations.

The major averages briefly recovered from their lows in the afternoon but returned toward those lows before the close as cyclical sectors struggled. The top-weighted technology sector (-1.1%) was among the worst performers, widening its loss in the afternoon. Chipmakers got off to a weak start and remained under pressure into the close. The PHLX Semiconductor Index lost 1.8%, surrendering 2.7% for the week. Xilinx (XLNX 96.55, -7.07, -6.8%) lagged from the start after the company's CFO resigned. Texas Instruments (TXN 126.67, -2.16, -1.7%) lost nearly 2.0% despite increasing its quarterly dividend.

Elsewhere in technology, Fitbit (FIT 4.10, +0.43, +11.7%) jumped to its July low after Reuters reported that the company may put itself up for sale while Apple (AAPL 217.73, -3.23, -1.5%) surrendered this week's modest gain as the company's refreshed product line hit store shelves.

Like technology, the consumer discretionary sector (-1.2%) fell to lows after the midday report cast doubt on the amount of progress in trade negotiations. General Motors (GM 37.37, -0.41, -1.1%), however, underperformed throughout the day after Dayton Daily News reported that a GM plant in Moraine, Ohio will be idled due to the ongoing UAW strike.

On the upside, countercyclical sectors like health care (+0.6%) and utilities (+0.4%) spent the day in positive territory. The health care sector extended this week's gain to 1.0%, drawing some encouragement from a report that the Senate will not endorse a plan put forth by House Speaker Pelosi to lower drug prices.

Treasuries spent the bulk of the day near their flat lines before rallying to highs in the afternoon. The 10-yr yield slipped two basis points to 1.76%.

Today's trading volume was well above average due to quadruple witching. As a result, more than 2.5 billion shares changed hands at the NYSE floor.

Participants did not receive any economic data on Friday, and Monday's calendar is also free of notable releases.

  • Nasdaq +22.3% YTD
  • S&P 500 +19.4% YTD
  • Russell 2000 +15.6% YTD
  • Dow Jones Industrial Average +15.5% YTD