Why Aren’t More People Worried About the Banks?
The Semiconductor stocks remain oversold and getting worse. Could the bank stocks be next?
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.
Rather than rely on anecdotal evidence, let’s take a look at what matters, the indicators.
Let’s run through some of the concerns I have for the current state of the market.
The number of stocks setting new lows rises on the Nasdaq, while skyrocketing on the NYSE. Investors aren’t panicked, but they are showing concern.