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It’s Sunday and there is more to do than I have time.  Ugh – ignoring for now.

This morning, I spent some time in the garden admiring how much better rain water is than tap.  I assume this wetter and cooler than normal weather will soon be replaced by flames and cracked soil, but I will never grow tired of highs in the 80s and the as-needed showers.

Meanwhile, Trump is playing footsie with Kim .  It smells of yet another attempt to grab media attention without attending to American interests (maybe).  I hope I’m wrong, but we have seen zero N. Korean concessions and, at this point, Kim appear to be enjoying the spotlight more than actually considering changing anything about his nuclear program.  These guys have similar personalities and want to be perceived as winning over all else – reality, be damned.

The Equities Market

You want a ton of visuals and a deep explanation of where we are right now?  Just watch this from Chris. Amazing work.

A few charts grabbing my attention

TDOC – On Friday, TDOC moved strong out of congestion on heavy volume and solidified its position above notable moving averages.  I like the company and this is a technical pattern I often look for as an opportunity to enter long.  I’m hoping it consolidates or pulls back slightly, but if we have a gapup, I’ll likely wait on it to offer a better entry.

TDOC Daily

TDOC Daily

NRG – Folks aren’t going to be excited about this chart, but I’m a fan of this setup. The reason why has more to do with those two bottoms than anything else.  The most recent bottom includes an extended, downward shadow and closed slightly higher than the previous low.  I’m a fan.  A close above ema23 pulls me in long.

NRG Daily

NRG Daily

FVRR – I’m interested.

FVRR Daily

FVRR Daily

SPOT – Everyone uses it, so I want it.  I like this chart and may go live if sma200 holds.

SPOT Daily

SPOT Daily

UNP – I added some Friday even though it hasn’t confirmed long.

UNP Daily

UNP Daily

Have a great week and enjoy the 4th!

 

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