These names are displaying both technical and quantitative deterioration.
This week's pullback is really the second pullback flag we've seen in the past few weeks.
What DIS does best is sell entertainment and leisure to mass audiences, and we're in an era where there are no mass audiences.
Most equity indices remain in uptrends.
We just got a good start to an overbought pullback. Now let's check in on sentiment.
Long-term, I find the name extremely interesting. Short-term, I find the stock extremely risky.
Shares of this biotech company look like a good opportunity.
Unlike AMZN, WMT has the broad brick and mortar presence that sells everything from apparel to appliances to groceries at budget friendly prices.
One stock is more favorable than the other, but both could make nice plays after recent pullbacks.
The short answer? Yes!