Big Earnings and Super Bowl Bets

Earnings are loaded tonight, between AMZN V CMG GPRO FEYE AMGN, and others. Chipotle versus its 200-day moving average, below now, is going to be critical for that stocks. And AMZN is facing a similar technical predicament as FB did last evening, back to prior highs after a multi-week rally. 

Overall, it was a slow day on the indices, with moves either way faded. FB's rally last night was faded, while X's sell-off from two days ago was bought, reinforcing the notion of indecision in the market and directional moves inclined to be faded for now. The jobs report tomorrow morning, on top of these big earnings, could sway the range. But most indices are still in a range, nonetheless. 

I also see an intriguing Super Bowl bet shaping up, for those interested. I will likely discuss it in a Periscope on Sunday before kickoff. 

If you want a hint at my thesis for the bet, see below. The Patriots head coach was the Giants' defensive coordinator back then, against an explosive offense like he will see this Sunday.