Watching the Semiconductors for Clues
This remains an either/or market. But the semis are at an important point and we’re watching to see if they can rally here.
Signs of Speculation With a 4 Billion Share Penny Stock Trading Frenzy
Sure, the Nasdaq traded 15 billion shares. But the action was concentrated in the Semis, as expected, and a penny stock, not expected.
Seven Weeks of Trading and We’ve Gone Nowhere
There’s been a lot of movement among individual names since May 6th, but the major indexes have nothing to show for it.
The Semis Were Up, but So Were the Number of New Lows
It’s simply not a good sign when the number of new lows breaks 200.
A Market With Pockets of Health and Pockets of Sickness
There’s lots to love about the stock market right now. And many things to be concerned about.
New Lows Expand While Semis Go Parabolic
It’s an either/or market, and you’re either in the favorite names or you might own something on the expanding new lows list.
A Cautionary Tale of Breakouts Becoming Fakeouts
We got that rally last week, but under the surface, there are worrying trends.
This Week, the Plan Hasn’t Quite Come Together
The market finally got oversold, but not in the manner I expected. Let’s see what’s next.
Why Isn’t Oil Fueling a Move Higher in the Transports?
Oil down, transports up. That’s the old relationship. But it isn’t working these days.
Are Options Traders Sounding a Warning Signal for Stocks?
We can talk about the Semis and the transports, but it’s the options that are giving the most worrying signal.