Did Short Covering Ignite a Rally in the QQQs?
Bob Prechter once said that all rallies begin with short covering. Was today’s gain the start of something bigger?
Bob Prechter once said that all rallies begin with short covering. Was today’s gain the start of something bigger?
Let’s take a look at an important tech stock that could have more upside. Plus, answer your questions.
While the SOX have become oversold, the rest of the market has held up. Is that about to change?
The Semiconductor stocks remain oversold and getting worse. Could the bank stocks be next?
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.
Semis up, drugs down. The Either/Or market is undefeated. But maybe the Fed can help move the market.
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.
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.
After a stellar run, the SOX have looked terrible recently. Is this just a pause or something worse?
After that, however, the market looks weak. Here’s why.