Yesterday we highlighted the ‘bearish engulfing candle’ on SPY. There was zero follow through today, which is what we cautioned about on behalf of the bears in yesterday’s video. Stocks like CAT, MMM and PII sent the markets higher again today.
IBM is now starting to give back some of its gains and just closed below the earnings gap higher. NTNX continues to perform well. We also discuss JNPR, WAB, CMG and more.
Have a great day!
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