Search Results for: maga

June 10, 2020 by Dan • Trade Ideas

My friend Carter Braxton Worth, technician extraordinaire from Cornerstone Macro Research had this comment in his note yesterday about mega-cap tech’s strength yesterday: Each of the top 5 stocks in the S&P 500 Index rose …

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May 12, 2020 by Dan • Trade Ideas

This tweet from @NorthmanTrader regarding an observation from technician Jonathan Krinsky also on Twitter regarding Apple’s (AAPL) recent price action caught my eye as I, like all of you have been counting the days until …

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April 26, 2020 by Dan • MorningWord

The S&P 500 (SPX) is up nearly 30% from its March 23rd lows, but down only 12% on the year and down only 16% from its all-time highs made on February 19th. Regular readers, Fast …

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February 24, 2020 by Dan • Trade Ideas

On today’s open shares of Microsoft (MSFT) the largest market cap company in the U.S. opened down 5.5%, quickly trading down a few more percents before a quick rally to its current down 4%:   …

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November 11, 2019 by Dan • Trade Ideas

Back on Sept 20th, I laid out a near-term bearish thesis for shares of Amazon.com (AMZN): Amazon… is up 21% on the year, interestingly a tad less than the Nasdaq composites’ 23% ytd gains, and …

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September 20, 2019 by Dan • Trade Ideas

There are good acronyms and bad acronyms. CNBC’s Jim Cramer famously came up with FANG a few years back to describe the growing influence of shares of Facebook, Amazon, Netflix, and Google on broad market …

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August 29, 2019 by Dan • Trade Ideas

MAGA, you know, Microsoft (MSFT), Apple (AAPL), Alphabet (GOOGL) and Amazon (AMZN), the four largest publicly traded stocks on the planet, equal to $3.7 trillion in market cap, or nearly 50% of the market cap …

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June 25, 2019 by Dan • Trade Ideas

Last night on CNBC’s Fast Money we discussed the dichotomy of the S&P 500 (SPX) trading at all-time highs, with the backdrop of a weakening U.S. economy, a Federal Reserve that is very likely to …

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January 28, 2019 by Dan • Trade Ideas

2019 got kicked off with a massive revenue warning by the largest market cap company in the world Apple (AAPL) on January 2nd, specifically citing weakness in China. Intel (INTC) who is a customer to …

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