The selling in this market is accelerating, and some of it is in areas of the market which usually hold up during stressful periods. One of them is healthcare, where a changing financial picture and the effects of AI are creating a new landscape for investors to ponder. Of course, this…
Tag: financial charts
Bearish Triad: Stock Market Indexes and Market Breadth Test Important Support Level; VIX Above 20
KEY TAKEAWAYS A shift in investor sentiment may signal a selloff which often comes before a new uptrend The Energy sector, especially large-cap oil, oil exploration and production, and natural gas companies, are trending higher Global shipping companies are performing well at the moment I’ve been looking for the market…
The Best Cybersecurity Stocks Showing Profitable Investment Opportunities
KEY TAKEAWAYS Increasing demand for cybersecurity can give cybersecurity stocks a massive boost Four cybersecurity stocks showing technical strength are PANW, FTNT, CRWD, and ZS Keep an eye on the cybersecurity space, especially prior to the top companies’ earnings announcement Cybersecurity companies occupy a unique space. It can never end…
Sector Rotation Makes Technology Line Up With Strong Seasonality Pattern
KEY TAKEAWAYS Market is entering strongest period of the year Positive seasonal expectations for Technology and Financials Weaker outlook for Healthcare and Energy Current rotations for Tech and Healthcare are in line with seasonality We are already in October …. How did that happen? Also, I am writing this article…
Q4 Stock Market Outlook: 3 Analysts, 3 Insights
KEY TAKEAWAYS Although September is considered a seasonally weak period for the stock market the fourth quarter is typically a strong period There’s a high probability of the S&P 500 Index reaching a new high in Q4 Growth stocks, Industrials, Financials, and Commodities could all see positive movement in Q4…
In this Market, Think Supply and Demand; Is Apple a Buy on this Dip?
KEY TAKEAWAYS The rise in Treasury yields led to a rise in mortgage rates, which resulted in a selloff in homebuilder stocks If Apple’s stock rises above its 50-day moving average the stock could be a potential buy The rise in crude oil prices can help oil refiners with some…
Find Reliable Entry Points With the Williams Insider Accumulation Index
KEY TAKEAWAYS Get a macro view of the market by analyzing the broader indexes Identify stocks which show a divergence between price and the Williams Insider Accumulation Index If accumulation is increasing and the stock price starts moving higher, it could be an ideal entry point Whether you’re bungee jumping…
Bonds Toy with Secular Bear Market — Was That the Top in Housing Stocks? Maybe Yes, Maybe No.
The market’s worsening breadth and the lack of a robust bounce on 8/18/23, even as bond yields reversed course after their runaway freight train climb during the week, is worrisome. On the other hand, the market’s sentiment is souring rapidly, and oversold gauges are closing in on traditional bounce territory. Consider…
Distribution Alert: QQQ Looks Top-Heavy as Energy Stocks Gush Higher
And just like that, the tech stocks are now in full distribution mode. The bull market in stocks took a snooze to start the dog days of August, but that may be about to change, as a price trend transition with the potential for both profits and disappointments seems to…
Earnings Momentum May Push the Stock Market to New Highs
KEY TAKEAWAYS The stock market ended on a positive note in spite of a hiccup Strong earnings and softer PCE helped push the stock market higher Volatility showed some erratic movement but settled down at the end of the week “Bearish engulfing pattern,” “outside day,” “key reversal”—all of these are…