This weeks Stage Analysis Members midweek video starts with a review of the price and volume action in the major indexes, and some short term Market breadth indicators, such as the Nasdaq Composite Bullish Percent Index, which had a Bull Confirmed P&F status change today and the Percentage of Stocks above their 20 day EMAs.
ENPH is a stock in focus, as it had a strong Stage 2 breakout attempt today following earnings results after the close on Tuesday. So I talk through the weekly, daily and intraday charts, with a multiple timeframe analysis of the stock, and then broaden onto other competitor stocks in the solar group and the group ETF TAN as well, and analyse the developing Stage 1 behaviour and earnings reactions so far.
Uranium is another group in focus today following CCJ's strong earnings before the open, that moved the whole group strongly today. So I analyse the group etf and individual charts.
Earnings is a big theme this week with multiple mega caps reporting, so I go through some of the key movers reactions on multiple timeframes, before finishing with a brief look at the watchlist stocks from the last week.
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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.