22 April 2015

SP 500 and NDX Futures Daily Charts - Bubble-nometry


After the bell, Facebook was the big news tickle on results, but the stock was flat after hours.

Qualcomm hit the numbers but lowered its forecast, and AT&T beat EPS by a penny but flat revenues missed.

Las Vegas Sands turned in poor earnings results and was selling off after hours. Wait until the sun shines, Shelly.

The tape had some oomph and then faded into the afternoon with the after hours trade sluggish.

We might be close to the end of the wash cycle, and might start hearing the whirring of a rinse.

Have a pleasant evening.