With a technical gap to fill from Friday’s sell-off, the algo’s may decide to take the stock market higher on Monday.
It was a big day for Netflix, Amazon, and Semi stocks, with all having major breakouts which could lead to more significant gains.
Stock Market Sentiment Is Turning More Bullish – For The Week of May 21 Michael kramer and the clients of mott capital own shares of Swks The bull run in stocks was put on hold last week, but the current run is likely not over. In fact, there appears to be a clear separation that has … Read more
Semiconductors, Small Caps, and Biotech’s In Focus Semiconductor stocks were the weakest group today, with the SOXX ETF dropping by roughly 1.5 percent. The big loser in the group was Applied Materials (AMAT), dropping by about 7 percent. The company reported slightly lower than expected revenue guidance for next quarter. But let’s face it does … Read more
Tomorrow Is An Extremely Important Day For The Stock Market Starting today, I am experimenting with a mid-day trading update. It will be a quick snapshot of the days market action, and a couple of things I’m watching. For now, the only way to get sent it directly to you will be through push notification. If … Read more
8 Stocks and 3 Sectors To Watch For The Week Of April 2! The first quarter ended on a positive note, with the S&P 500 finishing Thursday higher by about 1.4 percent. It appears for now that a double bottom has been put into place on the index when looking at the intraday charts, and … Read more
Chip Stocks Perform The Best, But Not Micron – Predictions For 2Q The semiconductor sector, despite the high levels of volatility, still managed to rise by 6 percent in the first quarter, while consumer staples fell by nearly 7.5 percent. The S&P 500 managed to slip just over 1 percent, not bad given how far it … Read more
Micron, Applied Materials, and Analog Lead Stocks Higher, Walmart Lags The S&P 500 managed to eek out a slight gain for the week of about 60 bps. But it was the semiconductor sector ($SOXX) that stole the show, jumping by over 2.15 percent. The broader Technology sector ($XLK) finished in a distant second place up roughly … Read more
Bitcoin’s Big Fall, and Nvidia, AMD Fallout- The Monster Week In Review This past week saw more record highs on the S&P 500 with the index reaching nearly 2,700. Technology, financials, and discretionary stocks continue there run higher as well. Over the past three months, the three sectors have all risen by over 10 percent, easily outpacing … Read more