In this video, Dave reviews the VanEck Semiconductor ETF (SMH) from a technical analysis perspective. He focuses on the recent failure at price gap resistance, the breakdown below price and moving average support, and the…
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Stocks
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The market opened with a bang as news of a cheaper Artificial Intelligence program, DeepSeek out of China. It has spurred investors to rethink the overbought Technology space, AI in particular. NVDA was down over…
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“An investment in Knowledge pays the best interest.” — Benjamin Franklin It’s time to revisit a few timeless lessons regarding extended markets. As I write this, the last correction of any significance was in 2022. The…
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Stocks
Week Ahead: NIFTY To Stay Tentative Over 6-Day Trading Week; RRG Shows Defensive Sectoral Setup
The Indian equities continued to trade with a corrective undertone as they ended the week on a mildly negative note. Over the past five sessions, the Nifty continued facing selling pressure at higher levels while…
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In this video, Mary Ellen reviews the new uptrend in the S&P 500, and highlights what’s driving it higher. She then shares new pockets of strength that are poised to take off, and what to…
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No changes in the top-5 At the end of this week, there were no changes in the ranking of the top-5 sectors. (1) XLY – Consumer Discretionary (2) XLF – Financials (3) XLC – Communication…
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Remember that old commercial, “It’s not nice to fool Mother Nature?” Well, there should be another one pertaining to the stock market, “Don’t bet against a secular bull market advance!” We’re all trained, or brainwashed,…
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Despite periodic rallies that have buoyed the home improvement retail sector, Lowe’s (LOW) is showing signs of potential weakness. Recent price action in Lowe’s stock and lagging growth metrics suggest that its latest attempt to…
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Stocks
Mag7 ETF Leads as Bullish Pattern Forms – Charting the Trends and Trading Setups for the Mag7 Stocks
The Mag7 ETF (MAGS) formed another short-term bullish continuation pattern as it worked its way higher since the triangle breakout in mid September. This report will also analyze the long-term trends, highlight the short-term setups…
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The Biotech industry group is making a comeback, with the ‘under the hood’ chart displaying new strength coming into the group. We have a constructive bottom that price is breaking from and, while it does…