During early September, bad news was rushing in, but the small caps were leading, many stocks were ripe for picking, the McClellan Summation Index was turning upward, and more stocks were making new highs.
The market brushed off bad headlines, showing how short-term trading is dominated by computer algorithms.
Just look at the performance of Roku vs. Cisco and the main customers for a host of other tech companies such as Apple, Nvidia, Texas Instruments and Advanced Micro Systems.
Despite some awful quarters, I see hope for the name, so here's how to play it with May 18 puts.
Here's what the charts tell us now.
CGC reported a wider than expected loss that included a slew of write-downs leading some to conclude this a kitchen sink quarter.
The big gains in commodities stocks come to those who jump in when commodity prices are down and forming a bottom, or in the early stages of an uptrend.
For this science and technology company, it's hard to see a pattern that justifies going long right away.
The retail giant reported another quarter of strong e-commerce growth that was driven in large part by its online grocery business. Amazon is responding to this challenge in a couple of different ways.
Let's review the charts of ABT.