Summary:
Summary
The bearish fears surrounding the SPY as it tests its 50-day moving average are well grounded if you look beneath the surface of the major indexes.
For example, the MAG 7 darlings of the recent past are now being referred …
The market’s leading sector, Semiconductors, SMH, closed the week below its prior week after trading at all-time highs. This is the second week in the last four that this key reversal pattern has shown up.
When this pattern follows through …
This week Barron’s released its ranking of the country's “Top CEOs.”
History has shown that a great CEO isn’t always the best reason to buy a stock, but it is a strong reason to consider one, especially in today’s environment …
Long before the June 5th, Friday "extraordinary" down day, we were preparing to identify “bull market reset patterns” that occur when leading sectors stumble.
As it turned out, the beginning of the reset wasn't hard to identify.
The market had …
When a market has a big short-term move, there is rarely just one cause.
However, the market and the media will almost always gravitate toward an explanation that assigns all the credit or blame to a single reason. It’s important …
Last week, the space industry was exploding — literally and figuratively.
Virgin Galactic (SPCE) rallied about 90% for the week after investors reacted to renewed test flights with a successful launch.
This is exactly the type of impact a “tipping …
The most valuable asset in the SpaceX IPO isn’t likely to be the stock.
It certainly won’t be the valuation.
In fact, the financial metrics Wall Street will obsess over in the first few weeks of trading are a distraction.…
There’s a saying on Wall Street, “Strong Convictions Loosely Held.”
After a historic short-term move fueled by a much anticipated and better than expected earnings season, investors will be looking for the market’s next clear narrative.
Let’s look at why …
