Seller exhaustion is at hand and we're set up for a relief rally post earnings Thursday morning.
Let's check out the charts and indicators.
Investors on the hunt for safe-haven stocks need to be wary of dividend yields that look too good to be true.
Insider buying by corporate officers should be taken as optimistic visions of the future prospects of their companies and their stock prices.
We looked at the charts of NVDA last week, but things look weaker now.
Overall, there is nothing about the earnings report that makes me want to scream 'buy the stock'.
Let's take a close look at the chipmaker's charts.
This is probably the worst pre-earnings setup with the worst post-earnings predictive model I've seen on a stock in a long while.
Keep a close eye on these earnings reports due out Thursday and Friday.
Whether or not GME is the proverbial 'fifty-cent dollar' remains unclear, at least to me, but it is back on my radar.