Semi led Tech in Q4, 2022 and Tech led the broad after that, but now the Semiconductor index, the leader, is showing signs of weakness Is the negative divergence in…
Just because I happened to be working on the (weekly) chart and find the patterns interesting, I thought I'd pop the chart up here for your review. While sectors normally…
With respect to the US indexes noted in yesterday's update, the gaps have been filled, the market took the cue, bounced but then flopped today. However, as noted previously, unless…
The title of the update references 'if' you would short, because even if the market is going bearish, cash is position. Working against the short/bearish view is contrary bullish sentiment…
As a thought exploration evolving from the VIX pullback... If the VIX were to drop to an extreme test of its potential new uptrend, we'd be looking for the 19…
TSM moves higher, Semi sector toppy but intact In an NFTRH update on Monday I had expressed a view that the SOX index might have more downside as long as…
Just a moderate priority update, with picture of the US market leadership chain. SOX/NDX, NDX/SPX and SOX/SPX are all firm today and maintaining the 'intact' status noted in NFTRH 686…
NDX and SOX filler their upper gaps Ref. last Thursday's... Not in love with these gaps While SPX and DJIA are still working on theirs, the market leader (Tech) and…
US stock market indexes sporting gaps Gaps don't need to fill on any given time schedule, but unless they are pure breakaway gaps they will usually fill sooner or later.…
The Semiconductor sector appears to be re-taking leadership The broad Semiconductor sector is hinting to take back its leadership over big Tech and possibly the broad SPX as well on…
Quick pics and brief comments. SPX recovers to near an all-time high after a sentiment micro-twitch, NDX ticks a new high and SOX recovers above the SMA 50, regardless of…
As we ping back and forth between the summer cool down (w/ potential liquidation) and the view of a resumption of the inflation trades I want to make a point…
US stock market leadership is intact We noted in NFTRH that Semiconductor leadership was well intact, but overbought. That is being remedied now as SOX/NDX and SOX/SPX pull back. Within…
First, the VIX, which has gotten clobbered on whatever is making the markets feel good today. I added some VIXY back yesterday as a vol. hedge, but obviously did so…