Whirlpool Corp. (WHR) has continued to make lower lows since failing to take out resistance at $200 on several occasions last summer. WHR is a durable-good laggard; down 10% year-to-date, 16% during the last 12 months and sports a dividend yield of 3%. Earnings momentum is going the right way with back-to-back quarterly gains following quarterly losses of 10.5% (Q3 2017) and 6.3 (Q2 2017).
U.S. stocks opened higher on Friday after a surprise interest rate cut in China added to a broad rally driven by strong quarterly results from Alphabet, Microsoft and Amazon.
Due to geopolitics, equities are becoming more volatile, causing U.S. stock index futures to fall after a major rally.