Last week, the market complexion changed and is a little weaker which means a defensive stance is warranted in the short-term. One of the hallmarks of a bull market is to see the market brush off nearly all negative news and just keep racing higher. Since the election, that was exactly what has been happening, but that dynamic changed last week. $SPX $SPY $QQQ $COMPQ

Many positive reversals yesterday in leading stocks at key levels. A few include $BABA $AMAT $MDC $FB Watch the charts! Identify support!

Week in Review: Stocks End Mixed As Retail Stocks Sink… 05/13/2017 $SPX $SPY $QQQ $RUT $COMPQ

On my way to the Benzinga Global Fintech Awards. Our stock scanner ChartYourTrade MRI is up for Best Analysis App! Fingers crossed! ????

Looking fwd to the #bzawards this Thurs. Our award-nominated stock scanner ChartYourTrade MRI helped capture $AAOI

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Strong breakout in $AAOI following through to the upside this morning! Here's some thoughts:

At 10:45am ET I'll be on @Nasdaq talking markets, hot industry groups, & which stocks are looking good right now

Despite other markets falling to pieces, stocks continue to surge higher: $SPX $SPY $QQQ $IWM #stockmarket

Stocks ended mixed to mostly higher last week as other markets crumbled and investors digested a plethora of earnings. Currencies and commodities fell hard but sellers remained at bay on Wall Street. To be clear, we are still in a very strong bull market and until we see any major selling show up, the stock market has earned the bullish benefit of the doubt. The next important near-term level of support to watch is the 50-day moving average line for the major indices.

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