Prudent investors ought to pay attention to a menacing pattern developing in the stock market. Please click here for an annotated chart. The chart is of the Nasdaq 100 ETF QQQ, A similar pattern can be seen in S&P 500 ETF SPY, I picked QQQ because the pattern is more
I have been flooded with emails from investors who are asking: If they could buy only one stock or ETF, what would it be? The questions appear to stem from the decline in Alphabet’s GOOG, GOOGL, stock after the company reported great earnings but lower revenue per click. Alphabet has been
The stock market has been going straight up. And a new signal has just been given, showing that it’s possible that you haven’t seen anything yet. Let’s start with a chart to understand this. Chart Please click here for the chart, which compares the S&P 500 ETF SPY, with momentum
It is increasingly looking like the future belongs to artificial intelligence. Two of the hottest stocks in that industry are Nvidia NVDA, and Advanced Micro Devices AMD. The strength of those stocks is largely attributable to the excitement around the artificial-intelligence capabilities of their processors. A key to success in
They’re neutral on FAAMG and FAANG shares, while the momentum crowd is still very bullish. Technology stocks have been hot this year. And excellent earnings are expected when big companies start reporting this week. Given the momentum and aggressive buying by the momo (momentum) crowd, expectations are widespread that earnings
Successful investors make money by preparing for scenarios without letting their politics cloud their judgement. That’s a difficult task, especially in these partisan times. But I am politically agnostic, and I see my job as helping other investors. The chart To understand the new development today, let us look at
I have been getting a flood of requests from investors for an update on smart-money flows in popular technology stocks. I previously wrote about this on June 15 and June 16. The highest interest among investors is in Advanced Micro Devices AMD, and NVDA. Both stocks have recently had several positive
This post was just published on ZYX Buy Change Alert. AMD has significantly benefited from its chips being used for cryptocurrency mining. NVDA is introducing a platform for cryptocurrency mining. This will increase competition for AMD. Since AMD is meant to be a trade and not an investment, it is prudent to take
Should big technology stocks known as FAAMG or FAANG be bought now that they’re a few dollars cheaper? Or should they be sold now because they’re expensive and upward momentum is broken? Those are the questions investors are asking me. From emails that I receive, many investors have strong opinions
The response to my last column, which warned of an ominous pattern in charts of big technology stocks, shows that while professionals are hedged against a decline, the average investor is full of bravado. The real question The real question for investors is what comes next — bloodbath or bliss.