The stock market has rallied hard in a short period of time, and that alone is not unusual. What stands out right now is what appears to be driving the move. This does not look like a broad, healthy advance led by widespread participation, steady earnings growth, or normal price discovery. Instead, the rally looks
Usual sectors taking over again, with Semiconductors (SMH) taking the lead.
All about big-tech still.
Tech and semis taking the reigns of this market, once again!
Nancy Pelosi bought between $1 million and $5 million of Nvidia stock (NVDA). Is this the time to buy NVDA stock ahead of the possible passage of the semiconductor bill currently in Congress? How does Nancy Pelosi's stock trades measure up in this bear market?
As we venture deeper into a stock market bubble, will the stock market bull run continue in 2021 or are we looking at a stock market crash? I provide my key support levels to watch for in a possible stock market crash in 2021. Using technical analysis and charting techniques I evaluate each of the
Bull Flag in the market indices pointing towards higher prices. I am predominantly long on this market, but still waiting to see if it really wants to extend itself notably higher than the highs established in January. So far the price action has bee a little sluggish, but on the same note, it isn’t giving
Buy The Dip, Sell The Rip Futures opened up strong last night and had investors hoping for a big rally this week. However, by the time the morning rolled around, the pajama traders had sold the rip. But since the equities have opened up, guess what has happened? Any guess? They bought that freakin’ dip.
The charts on the Semiconductors simply look BAD! There is nothing redeeming about them here, and there are plenty of more earnings reports to come out on them still, including the big names like Advanced Micro Devices (AMD), Nvidia (NVDA) and Intel (INTC).Â