The Screens Look Worse Than the Breadth
Ugly action in technology is dragging down names that have nothing to do with AI.
Ugly action in technology is dragging down names that have nothing to do with AI.
A classic Monday morning bull trap has snapped, and selling pressure is ramping up again.
The market is in a transitional phase as we await earnings.
The market looks tired on Monday morning, but there is some rebound in chip names.
Tuesday’s stock market action was all about position for the second half of the year.
While reverse rotation drives Nasdaq bounce, poor breadth suggests it can’t be trusted.
Rolling updates on negotiations with Iran seem to have lost their meaning.