Traders Are Worried About the SOX. Does That Mean They Are Due for a Bounce?
After a stellar run, the SOX have looked terrible recently. Is this just a pause or something worse?
Chart of the Day: Is Costco Finding a Low?
The big retailer may be basing here before making its next move.
Riding Into Earnings With 2 AI ‘Offenders’: Bold or Just Plain Crazy?
Here’s why I’m long Microsoft and Amazon into crucial results this week.
Investors Turn Bullish on This Biotech Stock Heading Into Catalyst
Breadth holds up while chips fall, and this biotech chart is setting up ahead of earnings season.
The Calm Before the Storm
Lull in fighting between U.S. and Iran to be followed by big earnings by Amazon, Microsoft, Meta, and an economic data deluge. Also, a defense shortage?
People Think Market Breadth Is So Good. Why Are the Breadth Indicators So Bad?
Rather than rely on anecdotal evidence, let’s take a look at what matters, the indicators.
I Sold Intel at $108. Now I’m Buying It Back.
After an excellent quarter, Intel’s pullback creates a chance to rebuild a winning trade.
Watch These Key Levels for the Nasdaq, Treasuries, Tesla, and Alphabet
Tesla and Alphabet pulled the Nasdaq lower, while Treasury yields continued to climb.
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.
Chart of the Day: Checking In on a Struggling Palantir
The stock continues to perform poorly but is trying to find a bottom.