Rally Over or More Upside? Monday Will Be the Tell.
Does the selling keep going, or is this more like that early October whack?
Does the selling keep going, or is this more like that early October whack?
The data and statistics say we should see more corrective action, but we also got one or two extremes from Friday’s action.
This rally is getting long in the tooth, with indicators flashing that stocks are overbought. Should we be looking back to July 2024 to see what could happen next?
It’s an either/or market. The others made their move today, but the VIX may be ready to pop.
What if the semiconductor stocks start acting like Amazon?
Between new lows and an increase in downside volume it’s safe to say selling picked up quite a bit Wednesday.
Are we due for some volatility? You betcha. Tech momentum seems to have hit a wall, with sellers beginning to take profits.
As tech gets long in the tooth and traders get tired of those same old extended names, are they taking advantage of other market segments?
Is this a market of stocks or a market of tech stocks? People have stopped paying attention to anything but tech.
Let’s look at key indicators to see when momentum begins to decline.