Earnings season continues on and despite misses from multiple big names, the market is holding up relatively well. Coming to its aid is a now uptrending 50 day moving average alongside easing overbought readings. Every day the S&P 500 sticks above 1200, it only opens the door for another break higher.
To add a bit of flavor to tonight’s recap I also have some analysis of Tractor Supply (TSCO) which today, off earnings, broke out of a very clean cup & handle setup. Also included is Google’s (GOOG) stock that is setting up for a potential bull flag break higher.
There will be no recap tomorrow as usual so have a great weekend and I will see you back here on Monday 
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