People Are Worried About the SOX. The Transports Might Be the Bigger Worry.
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.
Is Netflix Is Shopping Again? Here’s What’s Happening With the Shares
Let’s break down the latest M&A chatter and get our game plan in place.
SanDisk Hits Magic Number; Semis Surge; Marvell, Micron Jump
How should we approach SanDisk now that it hit our price target? Also, let’s chart the market to see if it’s our ‘cup’ of tea….
The Story to Watch as Lower Oil Drives Renewed Momentum in Chip Stocks
Investors are expecting a more dovish Fed, but the market strength is narrow.
Weekly Sentiment Survey: The Team Leans Bearish Overall
While the overall sentiment was bearish, not all members feel that way.
Delta, Banks, and Industrials Flash Warning Signs as Investors Question Market Strength
Several key sectors broke higher only to finish near session lows, creating potential false breakouts that traders are now watching closely for signs of a reversal.
A Market Verging on the Absurd
As an Iran deal has landed (for real this time?) and SpaceX has taken off to a wild valuation, here’s my take on the market now.
Peace Sells … And the Markets Are Buying It
Stocks in Asia and Europe get boost as markets appear to believe the Iran peace agreement. Also, let’s check the S&P’s chart and the week ahead.
Does an Iran Deal Solve the Inflation Problem?
The market is celebrating the much-anticipated deal, but major obstacles are looming.