Above $26 and the door appears open to $30.
Is all banking GS or is this a buying opportunity for XLF?
I prefer to balance the risk here using a covered call strategy.
It appears that the longer the selloff stops, the longer the rally will last.
JNJ's current pennant pattern creates the potential for a big move in the month of January.
This 'Accidental Champion' of market cap is there because the company is executing so well on so many fronts.
Wells Fargo believes Zayo could be worth as much as $40, but playing for a low $30s price might be more realistic.
What matters here is the ability to innovate, market, and sell.
The biggest trades Thursday have not been hedges, they have been closes of previous hedges.
If 2018 was kind of a mini-2008, then I think 2019 could be a mini-2009.