Poor Breadth, Fading Rotation Reveal Messy Market
The indexes held up reasonably well, but the action under the stock market surface is more concerning.
Semiconductor Weakness Weighs on the Market
Biotechnology continues to benefit from rotation, but overall corrective action is gaining steam.
Samsung’s Blowout Projections Trigger Selling and the Semi Top Could Be in
The world’s largest chipmaker seemed to trigger a surprising stock selloff.
This Is the Complacent Feel of a Mechanical Market
When the flow is mechanical, fundamentals are meaningless.
With Inflation Heading Lower, We Can Expect a Midterm Rate Cut
A combination of lower inflation and improved data sources will push the Fed to cut interest rates soon.
Positive Seasonality Fails as AI Trade Sees a Shift
The action looked good ahead of the July 4 holiday but then a major shift took semiconductors to the downside.
Stunning South Korea Stock Shock Triggers Circuit Breaker as Semi Names Strike FOMO
The Seoul market and select chipmakers around Asia saw wild volatility, but the chaos is highly sector-specific.
Positive Seasonality Traps the Overconfident Bulls
As the first trading day of July brought positive action, the bulls got a bit too excited.
Quarter-End Markups Make Presence Known in Tone-Setting Session
Tuesday’s stock market action was all about position for the second half of the year.
Quarter-End Positioning Drives Narrow Bounce
Traders are increasing speculative action ahead of the holiday.