Bear Blockin’
The Semiconductor Index pretty much gave the Bear the middle finger with it’s whip-snap rally yesterday. Now the Naz is poised to follow suit with a base breakout. It’s mild distribution followed by mild accumulation. Read More …
The Semiconductor Index pretty much gave the Bear the middle finger with it’s whip-snap rally yesterday. Now the Naz is poised to follow suit with a base breakout. It’s mild distribution followed by mild accumulation. Read More …
Never wise to short an all time high. These kinda things can turn into melt-ups. Lack of buy volume and confirmation of leadership suggest the Bull may lack fuel to sustain these levels. Market Read More …
Overall market is suspect with low numbers of stocks matching our screen for superior fundamental and technical properties. This whittling is primarily from price action falling below the major averages. The weathered survivors here represent Read More …
Risk of a breakdown is up as heavy sell volume sets into price action. A collapse in key industry leaders, most recently Apple, Google, Twitter and fast growing cyber security cos., is another strong tell. Read More …