People Are Worried About the SOX. The Transports Might Be the Bigger Worry.
The SOX are tracing out a possible double top. Or a pennant. We don’t know yet. But Transports are following oil, which is down.
Delta, Banks, and Industrials Flash Warning Signs as Investors Question Market Strength
Several key sectors broke higher only to finish near session lows, creating potential false breakouts that traders are now watching closely for signs of a reversal.
Monday’s Market Settled Nothing, Though There Is a Bright Side
An up day for stocks. Well, about half of them, that is. Here’s what I’m watching.
Traders Aren’t Giddy… Yet
The DSI and options trading activity suggest the possibility of volatility on the horizon.
Follow These 3 Charts to See if the Rally Will Continue
I’m expecting an oversold rally this week. The question is, will it be successful? It depends on these three charts.
Stocks Were Due for an Oversold Bounce. Was That It?
The question is, will we get more of a bounce than we saw on Thursday?
A Big Rally Thursday. How Did Sentiment Change?
A big down day yesterday, followed by a rally today. Let’s check in to see how investors are feeling.
Tech Investors Aren’t Used to This Kind of Selling
As the market drops, investors are becoming anxious. Should we be looking for a bottom?
Just Barely Head and Shoulders Above the 50-Day Moving Average
Let’s chat about market sentiment, that pesky head and shoulders top, and moving averages.
If Only… But That’s Not the Market We’ve Got
Many things could have happened in the markets so far this week, but they haven’t. Here’s a look at where we are.