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Content
Signals
All indicators - Medium term
JP Morgan ChaseJun 24, 2019
Gold Miners ETF MarketJun 24, 2019
Ultrapro QQQ ProsharesJun 24, 2019
Twilio Inc.Jun 24, 2019
Bristol-Myers Squibb CJun 24, 2019

The market showed a small loss Monday, and Nasdaq Combined Composite Index (COMPX) ended the day at 8006 points, which is a decline of 0.32 percent.

1846 shares showed a gain and 3398 showed a loss. 154 shares were unchanged and closed at the same price as the previous day. There was no trading in 392 shares.

Value of the total volume of shares and primary capital certificates traded Monday was approximately 255.7 billion.

Iboxx $ Invest Grade Corp Bond Ishares (LQD) showed a small gain and ended the day at 124 dollar, which is an increase of 0.25 percent. The stock has thereby closed up 20 out of the past 24 days and this past week the stock has gained as much as 1.74 percent. Technically it also looks good. The stock is trend wise positive in the medium term and a further increase is indicated.
20+ Year Trsy Bond Ishares (TLT) moved up and ended at 132 dollar, which is an increase of 0.75 percent. The stock has thereby closed up 19 out of the past 23 days. It also looks good technically. The stock is trend wise positive in the medium term and a further increase is indicated.
Caesars Entertainment Corp (CZR) ended with a solid gain of 14.51 percent and closed at 11.44 dollar. The previous time the stock gained this much was Sep 22. 2016, when it closed up 20.74 percent. The stock has thereby closed up 12 out of the past 15 days. The volume was also very high. At session end it was bought and sold shares for about 2477 million dollar in the stock, which equals 16 times mean daily turnover. Technically it also looks good. The stock is trend wise negative in the medium term, but has broken up through the resistance at 11.00 dollar.
Bristol-Myers Squibb CO. (BMY) closed at 45.68 dollar after posting a loss of 7.42 percent. We must go back to Jan 3 to find an equally steep drop. That time the stock lost 13.94 percent. The stock triggered a sell signal by the break down through the support at 45.80 dollar in rectangle formation. A further drop to 42.25 dollar within three months is indicated. It was also high volume. Overall it was traded for 1673 millions dollar in the stock, which is three times as much as normal daily turnover.
Eldorado Resorts Inc (ERI) closed at 45.77 dollar after a huge loss of 10.64 percent. The stock has never lost more in one day since we started measuring this Sep 22. 2014. The stock triggered a sell signal by the break down through the support at 47.13 dollar in rectangle formation. A further drop to 42.35 dollar within six months is indicated. The volume was also very high. At session end it was bought and sold shares for about 886 million dollar in the stock, which equals 28 times mean daily turnover.

Small loss on US 500 Monday
The market showed a small loss Monday, and S&P 500 (SP500) ended the day at 2945 points, which is a decline of 0.17 percent.

Indices
S&P 500
   Weak Positive Candidate
S&P 500 does not show any clear trend in the medium long term. The index has marginally broken up through the resistance at points 2940. An established break predicts a further rise. The index is assessed as technically slightly positive for the medium long term.
Today´s Case
Gold Miners ETF Market Vectors (GDX) Price 26.17, Jun 24, 2019
Gold Miners ETF Market Vectors has broken the rising trend up in the medium long term. This signals an even stronger growth rate. The stock has also received a positive signal from the moving average indicator, thus signaling a continued rise. The stock has support at dollar 23.20. Volume tops and volume bottoms correspond well with tops and bottoms in the price. Volume balance is also positive, which strengthens the trend. RSI above 70 shows that the stock has strong positive momentum in the short term. Investors have steadily paid more to buy the stock, which indicates increasing optimism and that the price will continue to rise. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive
Latest days indices
AEX-0.31%558.32
ATX0.00%3406.09
CAC40-0.12%5521.71
COMPX-0.32%8005.70
DAX-0.53%12275
HEX0.15%9255.40
N100-0.24%1066.73
OMXC25GI0.15%1200.70
OMXSPI-0.05%611.24
OSEBX-0.91%861.59
PSI20-0.81%5084.74
TECDAX0.27%2852.36
UKX0.12%7416.69
EURUSD-0.04%113.8590
CL (OIL)0.82%57.90
Indices Evaluations
 SML
AEXpospospos
ATXneutralneutralneutral
CAC40posposneutral
COMPXneutralneutralpos
DAXneutralposneutral
HEXnegneutralneutral
N100posneutralpos
OMXC25GIneutralnegneutral
OMXSPIpospospos
OSEBXneutralnegpos
PSI20neutralnegneutral
TECDAXpospospos
UKXneutralpospos
EURUSDposposneutral
CL (OIL)negneutralneutral

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
US Stocks - Medium term
 
      
28% 38% 34%
 2079 Buy Candidates
 2833 Neutral
 2457 Sell Candidates
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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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