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.
Don’t Trust Bounces as a Turning Point Continues to Develop
Here is my strategy for navigating this difficult market.
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.
Tech Weakness Is Forcing Rotation — I’m Targeting This Undervalued AI Name
Rotation is the question as rates pressure the market. Here’s one way I’m playing it.
Charting the S&P 500: Weekly Candle Has Bearish Implications
Bullish trend is in place but a brief pullback might scare some out of their positions.
A Shift in Market Character Calls for a Shift in Tactics
Bonds are hurting the market and it is time to react to the damage being done.