We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH). Looking at the daily chart below, we can see the pattern developing. However, we do have to point out participation. Note the very low percentages on %Stocks > 20/50EMAs. These are…
The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in…
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,…
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).…
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…
After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending…