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In addition, we saw Micron reporting good earnings across the board, beating revenue and earnings expectations and guiding higher. But that stock is not rallying mainly because everyone expected a beat and it wasn't a big enough beat to push the stock even higher in the near term.
I mean, as you know, Uber, and from that perspective Technically, it was possible Airbnb access to this The field, or at least She had plans to arrive To him.
Also, I don't know how You can see that if you compare All advertising companies, Like Google and Amazon, Airbnb and Uber,
It seems that Nike cannot get out of its predicament. We usually look at short-term charts. This is a weekly chart covering 15 years. The reason for showing this is that you can see the price here in the mid-thirties; we haven't been at this level for a long time.
It has been a very bumpy road lately. Our downward trend also continues largely steadily .
Okay, JC is curious, Chris, about your opinion on the ICP chart in the near and medium term. I heard about him recently . Yes, I mean, it's one of those sub-charts, you know, going back to Salty Savage's question, the sub-charts that didn't get much traction.
yes, I haven't looked at the ICP in a long time. So, let's see. Let me reset my account for 200 days. Well, I mean, I think the credit goes to the ICP. This is funny. Well, you know, this ...oh my god, is it higher than August's level?
Well , that's funny. There was no major breakthrough in August. Oh, I think he sort of did. No, that was in May. So, yes, in August...oh, well, I'm kind of mistaken. So, that was the August breakout, and it continued to rise.
So, that's power, as I say. This is certainly a relative strength. It is also above the 200-week moving average cloud, and the cloud's direction has reversed upwards. Yes, well, let's give everyone their due .
The ICP indicator looks good. I don't know what's going on there. Again, I have looked at the ICP index over months, many months. But this is a firmly established force here.
One of the stocks I mentioned is QSR. What do you think of QSR? and we analyzed QSR a few years ago, and in terms of absolute value, it performed well. She performed well.
Compared to the S&P 500, it performed very poorly, but compared to other restaurant stocks, it performed well, which is something to consider. Um, regarding QSR, the problem with Q...let's take a step back .
QSR owns Burger King, Tim Hortons , Popeyes, and Firehouse Subs.
There's a difference between stock price and business. That's what we're trying to teach here. Guys, we have our third buy , but stay with us because the last sell highlights the same mistake even more clearly.
So, our latest Forbes buy is Wabtec , a company that lacks any glamour.
Apple is finally preparing to enter its next big category: the smart home. As you know, there's a lot of talk about the "Duo" device potentially being one way for them to expand their smart home product lineup.
I think if Apple can offer a more plug-and-play product in this direction, it will be a game-changer for them to attract people to spend more on their devices.
So, uh I would go with that 100%. Banks no love yet. You're right. That's that's why people are having problems, you know, really getting that involved because they're like, "Oh my goodness, look at the XLF. the XLF is below the 200 day.
Holy cow. When the XLF is below the 200 day, nothing good happens, right?"
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