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.
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.
Ugly action in technology is dragging down names that have nothing to do with AI.
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.
The good news is Iran and the U.S. seem to be talking again. The not-so-good news is the AI tech trade and all its parts are falling fast. Let’s dig in.
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.
The negative reaction to good earnings reports last week may have created better conditions for the big reports that hit this week.
Stocks had a chance to run higher this past week but missed their chance.
After that, however, the market looks weak. Here’s why.
We closed out a profitable position, added to two others, and adjusted several price targets. Here’s what we’re watching next.
The gloom is thick, but fundamentals are not the problem. Plus, an important reminder for investors after a trying week.