X
Tired?
Unfocused?
Off your game?

Read our free Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
YES, SEND ME THE REPORT !
NO, I'M NOT INTERESTED
Your email will always remain private.

Market Lab Report - After the Open 1/24/17

Published : January 24 2017 at 9:32 ET

Major averages fell yesterday on lower volume but managed to close in the upper half of their intraday trading ranges. On the dailies, they remain stuck in their trading ranges.

Two technology mega-caps beat estimates:

Alibaba (BABA 102.89, +4.48): +4.5% after the company beat on the top and bottom lines and issued positive guidance.

Yahoo! (YHOO 43.90, +1.50): +3.5% after beating on the top and bottom lines. The company hopes to complete the sale of its core business to Verizon by the end of the second quarter.

BABA may qualify as a buyable gap up depending on how it trades.


This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2017 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.