Subject: Don't Call It A Comeback?

TAOST Wrap
Wednesday 15 May 2019 
Quote of The Day
"No problem can withstand the assault of sustained thinking."

--Voltaire
A Few Headlines From The Day
Stocks started off determined to collapse before reversing and confirming yesterday's strong up move... ostensibly because the Twitter Gangster delayed auto tariffs a few months.  But before you go getting all 10 Year Bull and all... 45 dropped another bombshell this evening... see the related bullet point below.  
A couple of interesting headlines...
  • CSCO jumped on earnings
  • Berkshire Hathaway revealed the size of its "Johnny Come Lately" stake in AMZN -- $860mm... Chump change right?
  • There was an "announcement" tonight at 7pm by 45's administration to look at an additional $100 Billion in tariffs against China in light of their "unfair retaliation."
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TAOST Power Zones & POIs Today
The ES pulled back today... then pushed higher... But then there was news this evening and markets will have to decide how they feel about the news
15m Chart
120m Chart
Daily Chart
Weekly Chart
TAOST Stalk Stock
NOMD is a Mid Cap stock just itching to move into Large Cap territory.  The first horizontal line is the breakout point for a Cup & Handle formation... the higher horizontal line is the all time high... a good structure to trade.
As always, make up your own mind and, more important, minimize your risk no matter what you do.​​​​​​​

KIS,
The Trader​​​​​​​​​​​​​​

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