Evidence

Adobe, I think if you're in it for the long term, I think you're okay. If you're in it for the short term, I mean, the AD line uh prior to uh Friday had gone back down near 52-week low. And look at the stock going into its earnings. Was sitting almost on a 52-week low relative to

— EarningsBeats

be interesting to see if the iwm breaks out i think we have a better chance of sustaining that move to the upside

— EarningsBeats, at 7:26

Applied Materials, of course, in that semiconductor space that also could be impacted by options. I think they'll have a great report come Thursday, probably great forecast, but sometimes everything's already built in. Some uh Applied Materials has had a huge run like many of

— EarningsBeats

Tesla uh strengthening back up above its moving averages. AD line just so-so, but the relative... relative strength was very weak about a month ago, but it is starting to strengthen again. Still got some work to do on Tesla, um but at least it is trying to uh with this latest mov

— EarningsBeats

Small cap IWM, we do have lower PPO. So, which is also the 20-day moving average, that could le

— EarningsBeats

salesforce.com is in that software space. I don't see any major support, but I do like the group for at least a bounce. So, I don't know if this is going to be a leader for an extended period. Maybe we see a bounce out of CRM.

— EarningsBeats

small caps, which have been outperforming on a relative basis, do look a little bit better still even with the gap down today in that it's holding its support

— EarningsBeats, at 7:00

IWM, still kind of uh trading sideways. We bounced off the 50-day moving average.

— EarningsBeats

QQQ was the strongest area. It still is the strongest area, but only up about a quarter of 1% after the selling yesterday. You wonder if it's just a little temporary bounce before we see a breakdown.

— EarningsBeats

Probably the best of the Mag 7 stocks. I'm not going to say probably, clearly the best of the Mag 7 stocks. AD line looks good. Relative strength versus internet's been good. However, since earnings and really throughout February here, it has been going straight down. Volume is a

— EarningsBeats

Microsoft is probably the strongest of the Mag 7 stocks... It's like Microsoft is the prettiest house in the ugliest neighborhood... It's a really bad neighborhood. Software's horrible. But Microsoft, maybe it's got some little bit of green patch in its front yard... you're still

— EarningsBeats

Meta Meta got was hot with its earnings, but it's been pulling back since.

— EarningsBeats

Amazon got up to two fifty, which is where we failed back in November and started to roll over so far, holding the twenty day moving average. I think that's going to be a big level to watch on Amazon.

— EarningsBeats

Tesla is starting to roll over. This is maybe the second best. You could probably draw a trend line and we're still kind of hanging on to the trend line, but we are below. Both the moving averages, you've got the twenty day moving average coming back down. We don't want to see th

— EarningsBeats

Amazon trying to move back up. AD line not encouraging. I don't know if we'll get that breakout or not. relative strength just so so broadline retail has been strengthening but it does have a lot of overhead resistance to try to negotiate we'll see if we can get through.

— EarningsBeats