Dennis Mutua

HP Inc. (NYSE:HPQ) Declines Xerox’s (NYSE:XRX) $33.5 Billion Acquisition Bid

In recent times HP Inc. (NYSE:HPQ) has received various buyout offers, but the company is not yet ready to give up its independence. The company rejected a bid by Xerox Holdings Corp (NYSE:XRX) to acquire the company at $33.5 billion. HP rejects the bid because of undervaluation The company rejected the offer to buy it […]

SPY indicators are pointing north with green futures

A little bit of green here to start the day and technical indicators are pointing north, on a 60 minute chart in particular. This makes option biased applying an Inverse Head and Shoulders. Typically a 5 minute chart is Wall Street’s favorite chart (in terms of time frames… 1 minute, 5 minute, 10 minute, and so […]

SPY nearing the “SPY 300” level

SPY is nearing the “SPY 300” level which everyone loves to talk about. Currently, heavily extended to the upside, which would make sense given SPY’s rally to the upside during last week in general with the exception of a fairly flat day this past Friday. Wall Street will be watching the charts closely leading into […]

FOMO setting in with futures bright green

Futures are on fire this morning and could be settling back after the open. It’s time to be strategic in your plays and don’t let FOMO rule your decisions Green futures to start the day as SPY is trading above the 50 day simple moving average line resistance level which it was essentially stuck at […]

Cloudera Inc (NYSE:CLDR) beats expectation

Cloudera Inc (NYSE:CLDR) reported earnings today after market close. The company beat Wall Street expectations by: Reported revenue of $196.7M versus $182.31M expected. Beating by $14M. Reported a loss of only 2 cents versus a 10 cent loss expected. Beating by 8 cents. Upped their guidance range for future revenues. Currently. shares are higher and […]

SPY crosses 50 day moving average and its time for a rally

SPY is clinging above the 50 day simple moving average line support on a daily chart. We’ve seen quite a bit of green, fairly fast over the last three days in what has been a volatile month of August. A light volume ahead of a three day weekend today, especially as the trading session progresses […]

Costco Wholesale Corporation (COST) plummet in the next session ?

Stock of Costco Wholesale Corporation (COST) opened at $277.01 and last traded at $281.05 x 800. More than 2,057,893 shares exchanged hands compared to an average daily volume of 1,752,398 shares. At the current pps, the market capitalization stands at 123.106B. Let’s take a look at how the stock has performed this year so far. Costco […]

Accenture plc (ACN) profits on the horizon ?

Stock of Accenture plc (ACN) opened at $196.46 and last traded at $196.48 x 1000. More than 820,307 shares exchanged hands compared to an average daily volume of 1,779,610 shares. At the current pps, the market capitalization stands at 125.273B. Let’s take a look at how the stock has performed this year so far. Accenture plc […]

PayPal Holdings, Inc. (PYPL) calls through the roof

Stock of PayPal Holdings, Inc. (PYPL) opened at $110.08 and last traded at $108.77 x 1200. More than 3,300,019 shares exchanged hands compared to an average daily volume of 6,517,214 shares. At the current pps, the market capitalization stands at 127.987B. Let’s take a look at how the stock has performed this year so far. PayPal […]

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