Did Short Covering Ignite a Rally in the QQQs?
Bob Prechter once said that all rallies begin with short covering. Was today’s gain the start of something bigger?
Rooting for a Rally in the SOX, but Is the VIX About to Get Jumpy?
While the SOX have become oversold, the rest of the market has held up. Is that about to change?
A Key Nasdaq Indicator Just Sent an Interesting Signal
Even in a scenario where the Nasdaq falls further, one momentum measure is already showing signs of exhaustion—a classic hallmark of an oversold market.
Is Tesla Finally Cheap Enough to Buy? This Week on TheStreet Pro Survey.
The stock has fallen sharply, but opinions remain split. Some see a buying opportunity near key support levels, while others warn the valuation still looks extreme.
Wall Street Couldn’t Stop Talking About Semiconductors. Now It Can’t Stop Warning About Them.
From bullish earnings charts to head-and-shoulders top predictions, the narrative around chip stocks has flipped fast. The data may be telling a different story.
Are the Semis Setting Up for an Oversold Rally?
After that, however, the market looks weak. Here’s why.
Thursday Resolved Nothing and I Still Have Concerns
Let’s run through some of the concerns I have for the current state of the market.
Bulls Remain Optimistic, But a Drop In the Nasdaq Could Make Stocks Rally
Most stocks aren’t acting as well as the averages. But a break of the Nasdaq could be the thing to get stocks out of their slump.
While the Market Trades According to My Plan, Sentiment Makes a Shift
We got the bounce I expected, but a change in sentiment has me rethinking the next move.
As the Semis Teeter on Support, Let’s Check in on Sentiment
That 12,000 level in the Semis that was once resistance is now support. Will it hold? Will the semis make way for the others to rally?