by Don Vialoux, EquityClock.com
Responses to Reports Released after the Close Yesterday
Starbucks gained $1.78 to$76.42 after reporting higher than consensus fiscal third quarter revenues and earnings.
Advanced Micro Devices soared $7.02 to an all-time high of $74.64 after reporting higher than consensus quarterly revenues and earnings. The company also raised guidance.
eBay dropped $2.19 to $54.16 despite reporting higher than consensus third quarter revenues and earnings.
Amgen dropped $2.90 to $252.37 after reporting lower than consensus second quarter earnings.
Visa fell $4.49 to $192.25 after announcing a less than consensus revenue recovery in its travel sector.
Trader’s Corner
Equity Indices and related ETFs
Daily Seasonal/Technical Equity Trends for July 28th 2020
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Seasonal/Technical Commodities Trends for July 28th 2020
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for July 28th 2020
Green: Increase from previous day
Red: Decrease from previous day
S&P 500 Momentum Barometer
The Barometer dropped another 5.61 to 67.13 yesterday. It remains intermediate overbought and trending down.
TSX Momentum Barometer
The Barometer added 2.29 to 73.79 yesterday. It remains intermediate overbought.
Disclaimer: Seasonality and technical ratings offered in this report and at
www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed
This post was originally publised at Vialoux's Tech Talk.
