May 12 2019 - Watch The 50-day On S&P 500

The daily charts on the major index ETFs (SPY, DIA, QQQ, IWM, MDY) will start the week in 'neutral' territory while the weekly charts remain bullish overall. Keep an eye on the 50-day SMA on SPY (S&P 500 ETF) daily chart. If it fails to hold as support this week, it would be a bearish omen for the rest of the market.

We also review AAPL, GOOGL, FB, UBER, LYFT, XLF, IYT, SMH and more.

Have a great week ahead!

Ron

php_network_getaddresses: getaddrinfo failed: Name or service not known