Just When I Thought Complacency Had Been Pushed Off the Table, It’s Back.
Finally, investors started to show some concern on Thursday, but by Friday, they were back and getting excited about the semis, which concerns me.
Finally, investors started to show some concern on Thursday, but by Friday, they were back and getting excited about the semis, which concerns me.
Are they oversold or not? Will the chopfest continue or not? We’ll be watching the others to see what could come next.
With few people willing to admit they’re bearish, are we nearing a top in the market?
It’s a choppy market that can slice, dice, and chop your portfolio. Here’s what I’m paying attention to.
The SOX are tracing out a possible double top. Or a pennant. We don’t know yet. But Transports are following oil, which is down.
It’s an either/or market. The others made their move today, but the VIX may be ready to pop.