GOOG released earnings and the numbers were stelar. One would think that would be all it takes to kick off the next leg of the rally but the market is a fickle beast. The immediate response was pretty loud meh. The stock was flat at the announcement with the focus more on ability to hit deadlines for the next AI models.

TSLA didn’t please the trading folks. The just didn’t hit their revenue mark even though there were up year over year. They are focusing on robotics to earn back some favor and buyers. There was a bit of a tell that markets weren’t going to be pleased with the major indexes down for the day. Here is what the QQQ (we talked about it on Monday) did and also some good news I hope you didn’t miss. Take a look.

The bears ended up controlling the day but not really enough to give us the sign we were looking for,… yet. We will have to watch what happens at the open this morning to get a true sense of what to expect.

But the tickers we looked at last week are shaping up and some even turning profitable. HTZ, NUE and the fertilizer stock , CF, that Keith Harwood spotlighted are looking good and going against the grain.

We will be watching closely today and keep you updated.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily