It looks like 300 is reachable for GOOG. We have seen two big gaps up.
A good day for longs
It’s a good day for all indexes. INDU moved over 10400. I have started scaling out stock positions and building up cash as planned.
XOM
Oil stocks continue to decline after peaking a while ago. As crude price drops, we expect further downward movement, but the bottom may be approaching. The support for XOM locates between 52-53.
MSFT’s breakout
As expected a few days ago, MSFT broke out this ascending triangle. It looks bullish short-term.
LOW’s breakout
LOW broke out in a big way, but it looks like that it will snap back a little.