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.
2 Technical Setups Are Clashing — Where to Focus for Opportunities
The same news can be bearish for the indexes and bullish for the underlying market.
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.
Charting the S&P 500: Hard to Argue With Bullish Price Action
Stocks are setting records in the Industrials as the strength broadens out.
Equal-Weight S&P 500 Nears Breakout as Rotation Takes Hold
Trading following Nvidia’s report was bullish as cash flowed into secondary names.
Rotation Action Offsets Nvidia and Walmart Weakness
The breadth ‘flip’ is evidence that rotation is in play and not just a one-stock story.
3 Massive IPOs Undermine Nvidia’s Market Leadership
The AI sector is undergoing a substantial change as new giants enter the fray.
Higher Interest Rates Will Make It Even Harder for Nvidia to Satisfy Investors
A clean beat-and-raise that would have been enough three weeks ago may not be enough now.
Traders Remain Complacent Despite Bad Breadth
I’m still expecting the market to reach oversold levels sometime after Memorial Day.