Big Picture 2-Dec-2016
market slightly lower ahead of jobs #. SPY 219 is key support if we break below there could see another $2+ of downside. IWM 130 psych level. strong buying end of day from 130.30-->131
Fresh News
stock support resistance inflexion notes trading plan sbux 54, 55 57, 58 CEO stepping down five 41, 42.3 44.5-45 44 in line. in line guidance. don't trust the gap. jcp 9.7 10 10 BofA upgrade amba 54, 56 58 58 guides lower. increases buyback.
Second day plays, Technical setups and Trading ideas
stock support resistance inflexion notes trading plan kr 32.75 33.80 solid bounce blue 66.5-67 72.5, 75 failed at 75 then "soft gap fill" crm 64.11, 65 68-69 continues to be sold aggressively since earnings nvda 85, 86 87, 87.5, 88 first large down day since earnings
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