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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

The Good and the Bad

chessNwine Fri Jul 25, 2014 11:02am EST 7 Comments

good-bad-ugly-800-75

Needless to say, the likes of FB UA have turned in impressive earnings reactions thus far.

But we also have NFLX and now AMZN, especially, on the other side of the coin.

Amazon is back to being a broken chart, seen gapping below its prior breakout level.

Overall, the small cap weakness is still a drag on the market and I am back to a full cash position into this mess.

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AMZN

 

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7 comments

  1. granpa
    granpa
    July 25, 2014 at 11:17 am

    Classic Pic.

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  2. UncleBuccs
    UncleBuccs
    July 25, 2014 at 11:18 am

    Cashish & Tatuaje…..never let you down. Chess, did you ever get a chance to sample the Las Calaveras?

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    • chessNwine
      chessNwine
      July 25, 2014 at 1:02 pm

      Not yet but wanting to, Unc

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      • UncleBuccs
        UncleBuccs
        July 25, 2014 at 1:11 pm

        It’s almost like smoking a well aged tenderloin… very paleo – lol! I tucked away a couple robustos. If you ever get a hankering, and can come up with an anonymous addy, I’ll fire one off to you… 😉

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  3. superocean9
    superocean9
    July 25, 2014 at 11:21 am

    Smart, Chess – “Cash” is King here.
    Holding: JO, IFON, WWAV & small TZA

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  4. Billy Cutting
    Billy Cutting
    July 25, 2014 at 11:25 am

    Blondieee

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  5. Maximus
    Maximus
    July 25, 2014 at 4:40 pm

    Earnings Growth not able to go to infinity? Have to stay long, right?

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