Not to Be Cringey, but an Awful Lot of Stocks Are Down an Awful Lot
The NASDAQ 100 may be near new highs, but half of its constituents are down more than 20%. Let’s dig in to see what that means for the future.
The Slop Factor: Oil Surges, Semis Stabilize, and Market Internals Remain Mixed
Oil was left for dead just weeks ago. Now energy stocks are everyone’s favorite trade again. But while sentiment has reversed sharply, market internals continue to flash conflicting signals that could keep investors guessing.
Can the Market Regain Its Upward Momentum Without the Semiconductors?
The semiconductors helped push the S&P 500 to new highs back in May, but they’ve since lost momentum. Can the S&P rally without the semis?
Let’s Pay a Visit to Micron’s Island
Micron’s earnings beat might just negate the bearish island patten that formed earlier this week. Here’s what to watch for.
Signs of Speculation With a 4 Billion Share Penny Stock Trading Frenzy
Sure, the Nasdaq traded 15 billion shares. But the action was concentrated in the Semis, as expected, and a penny stock, not expected.
The Semis Were Up, but So Were the Number of New Lows
It’s simply not a good sign when the number of new lows breaks 200.
New Lows Expand While Semis Go Parabolic
It’s an either/or market, and you’re either in the favorite names or you might own something on the expanding new lows list.
This Week, the Plan Hasn’t Quite Come Together
The market finally got oversold, but not in the manner I expected. Let’s see what’s next.
Are Options Traders Sounding a Warning Signal for Stocks?
We can talk about the Semis and the transports, but it’s the options that are giving the most worrying signal.
Delta, Banks, and Industrials Flash Warning Signs as Investors Question Market Strength
Several key sectors broke higher only to finish near session lows, creating potential false breakouts that traders are now watching closely for signs of a reversal.