The markets didn’t do much today; perhaps nervous about GOOG’s earnings? DOW made another new high. SP 500, or SPX, was pretty much flat. SOX added to yesterday’s gain.
Nasdaq
Nasdaq managed to close above the 2500 support level to close at 2505.35. It needs to catch the upper BB again to continue […]
On 4/14/07, I posted an article titled “Everyone Will Be Talking About Google!,” in which I discussed a possible “bullish earnings reaction” pattern based on the earnings seasons in the past 3 years. Now, that Google has delivered “excellent” earnings, let’s see how much everyone “likes” Google (GOOG)!
In AH, GOOG traded as high as […]
Well, I promised that I’d do a chart before the close. So here it is:
This late selling, whether spooked by Cramer or not, makes things more confusing. But, the daily chart still holds the bullish earnings reaction pattern. So, I’m on the bullish side.
TSO’s intraday chart shows that it has some room now to go up some.
But, that 10-day MA now has turned into resistance.
AAPL has held the support at around 90 well. And, now, on the intraday chart, it has risen above all hourly MAs. If it gets up to about 91.5, it should have caught the hourly upper BB; and, we might see AAPL come alive!
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
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