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Stock Market Show For Week of February 6 2017

A weekly Saturday stock market show that attempts to predict market direction for the week ahead by looking at a variety of technical and fundamental indicators.

This week’s show includes commentary on the most recent FOMC statement, and the White House versus mainstream liberal media, and the Judicial branch versus the Executive branch of government.

Also discussed are Tutor Perini’s $104 million worth of contracts, TASER’s US Air Force order of 1,345 TASER® X26P™ Smart Weapons, Raytheon awarded a $202 million US Army contract, merger rumors circulating about Hertz Global that activist shareholder Carl Icahn could push for a merger with Avis, WiLAN subsidiary PLL Technologies patent license agreement with Microsemi Corporation, takeover rumors circulating about Lakeland Industries, and 3D Systems acquisition of dental materials company Vertex-Global Holding.

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Earnings and revenue beats from Illumina, Qorvo, Zimmer Biomet, and Oclaro, are also discussed.

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Sofi AI Market Sentiment Gauge

SOFI artificial intelligence market gauge

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Market is overbought.

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