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Techs Slump, Utility Bounce
Article By: Tim Knight
Thursday, April 18, 2024 12:50 AM EDT
It’s quite clear that the heady, new-highs-every-day insanity ended on March 28th. Since then, in stages, things have begun falling to pieces.
In this article: AMD, NEE, NVDA, XLU, NDX, TRAN, SPX, SOX, OEX, AI
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Index Charts: A Uniform Story With Two Standout Exceptions
Article By: Tim Knight
Monday, March 25, 2024 10:20 PM EDT
Index charts confirm: steady ascending channels without breaches for about six months, signaling the government's intent to prevent equity declines until post-election.
In this article: IWM, XLU, NDX, SPX, SOX, OEX
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Semis Drop The Mic
Article By: Bespoke Investment Group
Friday, March 8, 2024 11:56 AM EDT
The rally in semiconductors is starting to run out of superlatives to describe it. Just when you think it has to take a breather, it turns around and rallies another few percent.
In this article: SOX Also: AMD, TSM, COHR, NVDA, TSLA
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Semis In Uncharted Territory
Article By: Bespoke Investment Group
Wednesday, March 6, 2024 12:03 PM EDT
The unbelievable rally in semiconductors resumed this morning as the Philadelphia Semiconductor Index has erased all of Tuesday's 2%+ decline and is just below its record high from Monday.
In this article: SOX Also: AMD, AVGO, COHR, NVDA, TSM
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Following February Focus
Article By: Tim Knight
Thursday, February 29, 2024 7:21 PM EDT
Well, that’s that. February is over, and I’m surprised this sentiment meter isn’t reading 100. Over the past four months, bears have faced relentless pressure, symbolized by the upward trajectory of the monthly S&P 500 cash index.
In this article: NDX, SOX Also: XLU
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