After Monday evening's bombshell out of Walmart WMT, we knew Tuesday's equity opening would be rough. The Invesco QQQ Trust (QQQ) fell by nearly 2% during Tuesday's regular session, and based on my conversation with some traders that came as a surprise. There's one final earnings report we should probably discuss, and it's from Enphase Energy (ENPH) . The bottom line is as long as Enphase holds above $217, I want to look for an opportunity to get involved. But as soon as it loses the support of its short-term EMAs, like any situation, I'll head for the sidelines.

Source: New York Times July 27, 2022 18:38 UTC