Rooting for a Rally in the SOX, but Is the VIX About to Get Jumpy?
While the SOX have become oversold, the rest of the market has held up. Is that about to change?
Why Aren’t More People Worried About the Banks?
The Semiconductor stocks remain oversold and getting worse. Could the bank stocks be next?
A Key Nasdaq Indicator Just Sent an Interesting Signal
Even in a scenario where the Nasdaq falls further, one momentum measure is already showing signs of exhaustion—a classic hallmark of an oversold market.
Will Wednesday’s Fed Meeting Break Us Out of This Either/Or Funk?
Semis up, drugs down. The Either/Or market is undefeated. But maybe the Fed can help move the market.
Wall Street Couldn’t Stop Talking About Semiconductors. Now It Can’t Stop Warning About Them.
From bullish earnings charts to head-and-shoulders top predictions, the narrative around chip stocks has flipped fast. The data may be telling a different story.
Traders Are Worried About the SOX. Does That Mean They Are Due for a Bounce?
After a stellar run, the SOX have looked terrible recently. Is this just a pause or something worse?
Are the Semis Setting Up for an Oversold Rally?
After that, however, the market looks weak. Here’s why.
People Think Market Breadth Is So Good. Why Are the Breadth Indicators So Bad?
Rather than rely on anecdotal evidence, let’s take a look at what matters, the indicators.
Thursday Resolved Nothing and I Still Have Concerns
Let’s run through some of the concerns I have for the current state of the market.
Lots of Selling in The Others, While Sentiment Sinks
The number of stocks setting new lows rises on the Nasdaq, while skyrocketing on the NYSE. Investors aren’t panicked, but they are showing concern.