Why, it's Semiconductors and big Tech. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim…
It never was meant to be a long-term trade and so today, on an analyst upgrade pump I'll finally take a solid profit on the little birdie. It's overbought on…
Sometimes being a bottom feeder is an exercise in determination and will. Sometimes it ends in ignominy, as the would-be bottomer proceeds on its trending way down. Sometimes you endure…
Charts of my over-valued growth stocks, which are grouped in league with others like CRM, OKTA, DDOG, etc... These were among the best 'COVID stocks' (enabling remote communication and commerce)…
There are still several market internals indicators that are weak, especially regarding breadth. But one indicator that has flashed positive for a few weeks now is the Transports vs. Dow.…
The leadership chain is intact. SOX/NDX has remained functional. NDX/SPX has regained functionality. SOX/SPX is making a new high. Per this chart, as noted on Sunday in NFTRH 622, "this…
Check it out. Big Tech is in a similar posture to the pre-crash breakdown and retest of the broken EMA 20 and SMA 50. RSI and MACD are in negative…
This article calls junk bonds a canary in a coal mine. Analysts often view ructions in the high-yield, or “junk-bond,” market as a canary in the coal mine, or an…
I am still holding this streaming service that I don't even use. I held it for two reasons... The chart never told me to sell, and I did not want…
They are bouncing the market this morning but the projected open keeps SPX below the (green dotted) daily EMA 20 and also the former blue sky breakout point at the…
The men, women and machines that are driving this hysteria now were sitting in the corner sucking their thumbs in March. They were swearing off investing and a lot of…
This is a time when charts are working well for bullish outcomes but for bearish ones? Not so much. Exhibit A is one in the remote work/communications patch, which was…
Where broad stocks are concerned, I am strategically long. Not short (yet, anyway). So this is not the product of someone wishing and hoping. I want this market shoved so…
A view of several US stock market sectors vs. the broad SPY, which includes most or all of these sectors to one degree or another. These are weekly charts and…