Thursday Resolved Nothing and I Still Have Concerns
Let’s run through some of the concerns I have for the current state of the market.
Lots of Selling in The Others, While Sentiment Sinks
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.
SK Hynix’s 32% Mystery: Why the Shares Trade at a Huge U.S. Premium
There are odd trading patterns developing for tech stocks on either side of the Pacific. And there’s a specific reason why trading in Hynix is particularly weird.
Chart of the Day: Checking In on a Struggling Palantir
The stock continues to perform poorly but is trying to find a bottom.
Helene Meisler Charts By Hand Because Simplicity Wins in Trading
While most investors rely on increasingly complex tools, Meisler sticks to hand-drawn charts and a straightforward process focused on sentiment, support, resistance, and discipline.
A Google First: Negative Free Cash Flow; Oil Bubbles Higher; Yields Creep Up
Alphabet reveals negative print for free cash flow for first time since going public; war expands; and what to do with IBM .
Bad News for Google and Tesla Is Good News for Chips and Data Centers
Higher capex guidance is punishing hyperscalers while their suppliers celebrate.
Bulls Remain Optimistic, But a Drop In the Nasdaq Could Make Stocks Rally
Most stocks aren’t acting as well as the averages. But a break of the Nasdaq could be the thing to get stocks out of their slump.
Why Am I Rooting for the Nasdaq to Fall?
Because it would help set the indicators up for a more reliable rally.
Don’t Let This Type of ETF Draw You in With Misleading Returns
Some of the year-to-date return leaders seem like savvy investments, but financial advisors know to avoid them.