Qualcomm, Inc. engages in the development, design, and provision of digital telecommunications products and services. It operates through the following segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). Take a look at the 1-year chart of Qualcomm (NASDAQ: QCOM) below with the added notations… Chart of QCOM provided by...Read More

Market Recap For February 3rd, 2022 Yesterday’s Spotlight was a timely one in that it stated the possibility of an imminent turndown. Thursday clearly delivered. Amazon lifted the entire market with its earnings, so today should start on an upbeat note. Where it goes from there is a tougher call to make. Yesterday’s Sector Performance...Read More

Market Recap For February 2nd, 2022 Our Spotlights have been forecasting higher moves since the end of last week, and the markets have followed suit. However, both the S&P and Nasdaq have made their way up to meaningful resistance points. A turn down could be imminent. Yesterday’s Sector Performance Thanks in part to GOOGL, Communication...Read More

Market Recap For February 1st, 2022 This week has been a relatively easy one to forecast. Expectations were for a higher move, and the market has accommodated very nicely. Once again, the countertrend rally does not seem to be done just yet. The rally should continue, but key resistances sit around 1 percent overhead. Yesterday’s...Read More

Market Recap For January 31st, 2022 Yesterday’s Spotlight forecast a higher start to the week, and a higher start is what the market gave traders. Although the overall market trend is still expected to be lower, the current countertrend move appears to have more room to go. Yesterday’s Sector Performance Consumer Discretionary left the rest...Read More

Market Recap For January 28th, 2022 Prices declined right out of the gate on Friday, but it seems as if the rally we’ve been expecting to take hold may have finally done so. With the exception of the Russell, all major indices held last Monday’s lows and now look like they are ready to move...Read More

Leslie’s, Inc. engages in the provision of direct-to-consumer pool and spa care services. It serves residential, professional, and commercial customers. The firm also offers complimentary, commercial-grade, in-store water testing and analysis via its proprietary AccuBlue system, which increases consumer engagement, conversion, basket size, and loyalty, resulting in higher lifetime value.  Take a look at the...Read More

Market Recap For January 27th, 2022 In what seems to be an everyday occurrence, markets pushed into the green by 1-2 percent, but ultimately ended up getting sold into. The close was not inspiring, but a meaningful rally will happen at some point. For now, it seems lower prices are looming. Yesterday’s Sector Performance Energy...Read More

Market Recap For January 26th, 2022 Wednesday brought the higher move that was expected, but it was short-lived. After the FOMC statement, markets moved into the red before getting a late bounce. By day’s end, markets closed slightly mixed, but the day as a whole didn’t instill that warm bullish feeling that long sided traders...Read More

Market Recap For January 25th, 2022 Expectations for a follow through did not materialize on Tuesday, but that weakness did not lead to a break of Monday’s lows. For now, the forecast for a higher move is intact, but bullish traders are likely not too energized by yesterday’s closing hour. Yesterday’s Sector Performance Energy stocks...Read More