Wednesday, May 16, 2018

A modest day for stocks with just a few posting good gains on modest volume. Letís check out the S&P-500 that is not moving much and then on to many new stocks tonight.

TBA = Technical Buy Area

My short-term trading oscillator closed the day at +31 which is still 9 points away from overbought areas that start at +40.

Letís start off the stocks with Netflix (NFLX) which made a very nice move and has rested now for 22 days and could start to move again.

Now on to a few Chinese stocks with a few IPOís that are doing well.

I hope to see you in my chat room Thursday and Friday and then back here Sunday night.

Daniel J. Zanger