Weekly Sentiment Survey: Bulls and Bears in Equal Measure
While our team overwhelmingly continues to feel that risk is high, they’re not in agreement regarding what to do about it.
While our team overwhelmingly continues to feel that risk is high, they’re not in agreement regarding what to do about it.
Let’s dive into the charts and why they point to a possible a.m. tech rally; look down at ON Semiconductor, Arm Holdings and Qualcomm; and check the latest on Iran.
South Korea goes big on AI and chips, Comcast splits, Warsh on deck, and other headlines moving stocks this morning.
We locked in massive gains on two positions and added to two beaten-down holdings.
There’s been a lot of movement among individual names since May 6th, but the major indexes have nothing to show for it.
The market continues to follow the sentiment cycle chart, and it appears that we’re currently at ‘anxiety’.