Today I wanted to find the best performers of the Nasdaq 100 Index so I used Barchart to sort the stocks of that Index first for the highest Weighted Alpha then for a Barchart technical buy signal of at least 80%. Today’s list includes Monster Beverage (NASDAQ:MNST), Amazon.Com (NASDAQ:AMZN), Starbucks (NASDAQ:SBUX), Celgene (NASDAQ:CELG) and Verisk Analytics (NASDAQ:VRSK). Monster Beverage Barchart technical indicators: 80% Barchart technical buy signals…

There was intraday commentary about the FOMC statement here. Even though The Recovery does not warrant it, I am still of the same mind I have been, that the Fed will raise 25 basis points in September unless the wheels are falling off the global financial system and/or the economy. It is purely an inward-looking policy…

Another round of buying swept through Large Cap indices, but other indices didn’t enjoy the same level of interest. The S&P had the best of it. Since the middle of July it has enjoyed a strong advance relative to Small Caps and Technology indices, but it may be time for it to revert to mean….

After the bell Wednesday, social media giant Facebook (FB – Analyst Report) posted Q2 earnings and results were mixed on the top and bottom lines. Earnings of 30 cents per share (accounting for stock-based compensation and other before non-recurring items; the company’s headline number was 50 cents per share) on quarterly sales of $4.04 billion compare to…

Moments ago, Facebook reported Q2 earnings and just like Twitter, it beat across all key financial metrics: Revenues of $4.04 billion beat consensus $3.99 billion Non-GAAP EPS of $0.50 also beat consensus of $0.47 (GAAP EPS was a different story, at half the non-GAAP). Monthly active users (MAUs) – MAUs were 1.49 billion as of…