The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in response to investors losing confidence in the AI trade in general. Carl gives us a complete picture of the Magnificent Seven in the short and intermediate terms. It doesn’t look very…
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).…
We are always on the lookout for chart patterns. Recently, we’ve found a bearish head-and-shoulders developing on Semiconductors (SMH).…
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…
After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending…