The quick recap is that DAKT (Daktronics) had weaker earnings and gross profits due to operational issues and capacity constraints.  The result was a hard decline at the end of November.  Your further research is required if there is any interest in the stock. The daily chart shows a triggered MACD, but RSI still below 50.  A successful break above immediate resistance and the SMA’s … Continue reading NFTRH+; DAKT

Updating Intel

Now that we have the FOMC hysterics, the Russia hysterics, crude oil hysterics and Greece hysterics (have I missed any?… oh yeh) put to bed for a moment, maybe we can get on with a seasonal period that could be relatively calm, allowing an over sold market to repair some of its hurt feelings. If the seasonal script works out for a few weeks, I’ll … Continue reading Updating Intel

NFTRH; Post-FOMC Market Update

From yesterday’s ETF update: “TIP-TLT continues to indicate that the Treasury market perceives no inflation issues whatsoever.  Indeed, the whole world is worried about anything other than inflation right now.  Precisely the reason we should be on watch for a coming counter-trend bounce at least.” It appears that the precious metals and commodities are getting the inflation bid, or the ‘inflation bounce’ (which we have … Continue reading NFTRH; Post-FOMC Market Update