The Real Estate sector took the lead in Tuesday’s trading, probably because interest rate cuts are approaching. Technology and Consumer Discretionary took second and third place, respectively. Overall, it was a pretty quiet trading day except for the energy sector, which showed the biggest decline. The Energy Select Sector SPDR…
Good morning and welcome to this week’s Flight Path. Equities flashed an uncertain “Go Fish” bar at the end…
Any strategy that trades stocks needs some sort of market timing mechanism to identify bull and bear markets. Typically,…
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH).…
The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in…
Much like the southeastern portion of the U.S. frets over the potential of devastating hurricanes, stock traders and investors…
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH).…
As we have discussed many times, financial markets are fractal. Different timeframes produce similar price structures. This is a…
This week, the market appeared to shift dramatically from “stalling out at all-time highs” to more of a “big…