Sellers Show Up as Tech Reaches Overbought
Are we due for some volatility? You betcha. Tech momentum seems to have hit a wall, with sellers beginning to take profits.
Walmart Tumbles While Investors’ Attention Is Laser-Focused on Tech
Is this a market of stocks or a market of tech stocks? People have stopped paying attention to anything but tech.
Walmart Stock Gives Investors Something to Fret Over
Let’s talk about the chart patterns of some key stocks, including Walmart, which is starting to look like Microsoft stock from last November.
The ‘Others’ Just Can’t Catch a Bid
It’s still an either/or market with money flowing into the tech leaders, but not the others.
Traders Remain Complacent Despite Bad Breadth
I’m still expecting the market to reach oversold levels sometime after Memorial Day.
On Monday, Sellers Walked Away Midday
This remains an Either/Or Market. On Monday, however, the action was marked by a drying up of selling pressure.
Has Inflation Rung the Bell on a Stock Market Top?
A sharp rise in PPI could be the signal that bears have been looking for. Should investors care?
The Stock Market Forecast Shows Complacency with a Dash of Giddy
While most investor sentiment shows complacency, what’s going on with the options traders?
