Markets opened up this morning on great earnings from $CAT but there is an underlying weakness to the tape today with stocks like $GS getting completely booched. Here’s the morning StockTwits buzz:
Large Ticket purchases picking up an $HD and $LOW. Many different ways to play this trend. Perhaps the homebuilders themselves or more luxury retailers such as $TIF.
It’s business as usual with Merger Monday, EPS beats and Greece fears:
$GS dropped through the important $155 level this morning and stock is not looking good going into Congressional testimony this week;
$GOOG has been acting poorly since earnings. Definitely a stock to watch.
There are many stocks that have gone exponential especially the small bank stocks. @momomeister thinks this warrants caution: