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.

Pocket Pivot Review - ACIA and TWLO updates 10-7-16

Published : October 7 2016 at 11:41 ET

The market is walking a tightrope between whether central banks such as the Federal Reserve and European Central Bank are moving toward tighter money policies, ie, less QE. Today's jobs report suggests some weakness which reduces the 64% odds of a rate hike this December. Yet, there remains much uncertainty as reflected by the futures odds as the jobs report was not particularly weak, and markets dislike uncertainty. 

ACIA and TWLO have been two of the top leaders on a technical and fundamental basis in recent months. Both are near supportive moving averages, the 50-day and 20-day, respectively. If neither can bounce here, that is a troublesome sign.


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.