Tech Stock Performance Has Blinded Investors to the Rest of the Stock Market
The growth stocks of yesteryear are being ignored by traders today. The singular focus on tech has caused them to miss out on great opportunities.
Rotation Remains Alive and Well
Just two days ago, everyone loved tech and semis. So much has changed except for the rotation trade. That’s still alive and well.
Alphabet’s Record Plunge Drags Down Tech as the Rest of the Market Rallies
Over 400 of the S&P 500’s components were higher even as the index ended lower and the Russell 2000 gained for a fourth day while Amazon and Intel dropped after hours
AI Frenzy Returns to Wall Street as Chip Stocks Explode Higher Before Big Tech Earnings
A wave of AI-related deals sent semiconductor shares soaring, helping the Nasdaq rally while investors prepared for the Fed and crucial earnings from Microsoft and Google parent Alphabet.
The Russell 2000 Is the Chart to Watch. Here’s Why.
I’ve mentioned the equal-weight S&P as an important indicator before. But now, I’m watching the Russell 2000 because it might have even better guidance for traders and investors.
I’ve Seen This Nasdaq Chart Before
The Nasdaq’s chart looks familiar. And that’s not necessarily a good thing. Here’s what it says.
Just When They Stop Talking About Broadening Out, We Broaden Out
The market was down today, but the selling was orderly and concentrated in tech and the mega caps.
A Change in Sentiment Would Help. Here’s Why.
Sentiment is deeply important to how the market performs. Right now, sentiment remains more complacent than I would like.
Tech Stock Charts Don’t Look Good, but the Market Is Oversold
It’s still an Either/Or market, but right now, with the market oversold, we could see a bounce.
Monday’s Stock Market Rally Was Pathetic. Here’s Why.
Investors are complacent. Even in stocks that are sinking. Until something changes, we won’t get a lasting and meaningful rally.