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.
Your email will always remain private.

Market Lab Report - Premarket Pulse 3/30/17

Major averages rallied on lower volume. A number of tech juggernauts have closed at new highs including AMZN, AAPL, FB, BABA, and NFLX though breakouts have been on below average volume for FB, BABA, and NFLX. The NASDAQ-100 consequently closed at new all-time highs while the S&P 500 and Dow Industrials lag. The current bounce remains tentative. Watch your stocks to remain fluid to any possibilities.

Focus List Notes

AMZN broke out yesterday on above-average volume.

JD is holding tight along its 10-dma with volume drying up.

MKSI is holding tight along its 10-dma with volume drying up.

MOMO is holding tight along its 10-dma.

NTES has pushed below its 20-dema on increased selling volume. This brings the prior 278.80 intraday low of its February BGU into play as a maximum selling guide.

SNAP found support at its 10-dma yesterday and bounced. We would advise keeping entries to as close to the 10-dma as possible to limit risk.

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. ©2020 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2020 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy