[widget id=”text-23″] Biotech and Technology Stocks Rally, Is It A Breakout or Fakeout? [widget id=”text-21″] Biotech and Technology stocks both showed a little bit more life today, then they have in past days. Should this trend continue tomorrow, it would be a good sign for the stock market as a whole. [widget id=”text-16″] S&P 500 The …
Tag: technology
Biotech and Tech Stocks Are Approaching Make Or Break Moments
[widget id=”text-23″] Biotech and Tech Stocks Are Approaching Make Or Break Moments The stock market picked right up from where it left off last week, with the S&P 500 continuing to surging to 2,721 up about 1.1 percent today. Based on the charts, it seems like we have a pretty good shot of continuing to …
Micron, Applied Materials, and Analog Lead Stocks Higher, Walmart Lags
Micron, Applied Materials, and Analog Lead Stocks Higher, Walmart Lags [widget id=”text-19″] 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 …
3 Keys To The Stock Market For The Week Of February 12
[widget id=”wordads_sidebar_widget-41″] 3 Keys To The Stock Market For The Week Of February 12 The week of February 12 will continue to volatile, whether the stock market is going up or going down. The tug of war we saw on Friday, between positive and negative territory will likely continue especially on Monday. But as we wrote …
4 Stocks That May Have Signaled The Worst Is Over For The Stock Market
[widget id=”wordads_sidebar_widget-41″] 4 Stocks That May Have Signaled The Worst Is Over For The Stock Market It was another brutal week in the stock market, with the S&P 500 falling by over 5 percent, but it was even worse because at the lows on February 9 it was down over 8 percent, just for the …
The Outlook For The Stock Market Just Got Better
[widget id=”wordads_sidebar_widget-41″] The Outlook For The Stock Market Just Got Better Well, that was fun. It was a wild week, but it is undoubtedly ending on a positive, with a what was a considerable rally into the end of the day. The stock market had a classic tug of war battle, and the bulls have …
Technology Stocks Continue To Rule The Land- Monster Week In Review
[widget id=”wordads_sidebar_widget-41″] Technology Stocks Continue To Rule The Land: Monster Week In Review The first week of 2018 was no disappointment with stock starting off precisely where they left off 2017. To know displeasure, only four of the top 25 stocks in the S&P 500 were lower: Intel ($INTC), AT&T (T), Verizon ($VZ), and Procter & …
Biotech Stocks Breakout, Plus Roku, Technology, Oil, Inflation, Banks
Biotech Stocks Breakout, Plus Roku, Technology, Oil, Inflation, Banks [widget id=”wordads_sidebar_widget-18″] Biotech stocks have quietly broken out, and the Nasdaq Biotech ETF ($IBB) is trading above $107. We have been watching the IBB ETF now for a couple of weeks waiting for this breakout to happen and it has. That is a big deal, and …
Bitcoin’s Big Fall, and Nvidia, AMD Fallout- The Monster Week In Review
[widget id=”wordads_sidebar_widget-18″] Bitcoin’s Big Fall, and Nvidia, AMD Fallout- The Monster Week In Review [widget id=”wordads_sidebar_widget-18″] 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 …
Micron’s Big Day, Tesla’s Big Breakout, and Roku’s Big Turn
Micron’s Big Day, Tesla’s Big Breakout, and Roku’s Big Turn S&P 500 The S&P 500 is back to its old tricks of gap filling and today’s was another such example. The index filled the gap created just yesterday, so now we are back to where we started the week. [vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” …
Previewing Micron, Plus Breakout’s In Netflix, Apple- The Week Ahead
Previewing Micron, Plus Breakout’s In Netflix, Apple- The Week Ahead [vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_tweetmeme type=”follow” follow_user=”michaelmottcm” show_followers_count=”true” large_button=”true”][/vc_column][/vc_row] Believe it or not, the week of December 18 will be the last full week of 2017. The following week will be cut short by one day, due to the Christmas holiday. 2017 …
Disney, Costco, Sage, and Nvidia-Plus The Monster Week In Review
Disney, Costco, Sage, and Nvidia-Plus The Monster Week In Review [vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_tweetmeme type=”follow” follow_user=”michaelmottcm” show_followers_count=”true” large_button=”true”][/vc_column][/vc_row] This past week saw the S&P 500 continue to rally and reach new record highs, with the index up by nearly 1 percent. Technology led the charge higher with the Technology ETF ($XLK) …
Why Roku’s Stock Is Not A Streaming Play- Plus S&P 500, Nvidia, Micron and Tech
Why Roku’s Stock Is Not A Streaming Play- Plus S&P 500 Record, Nvidia, Micron and Tech Roku’s stock continues to surge higher on calls of it being a streaming media play, however it would seem to me, to be anything but. Meanwhile, the S&P 500 continues to hit new record highs, while Nvidia and Micron …
Why Bitcoin Is Poised To Fall, Plus Skyworks, Micron, Nvidia, Tesla
Skyworks, Micron, Nvidia Still Struggle, Bitcoin Reversal Pattern, Tesla [vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_tweetmeme type=”follow” follow_user=”michaelmottcm” show_followers_count=”true” large_button=”true”][/vc_column][/vc_row] Chips Still Struggle Chip stocks just continue to melt, and I’m at this point I’m no longer sure what the driving force behind this melt is, as it seems completely overdone. When looking at …
Trouble Brewing For Micron? Plus Nvidia, Acadia, Visa, MasterCard, Altria
Trouble Brewing For Micron? Plus Nvidia, Acadia, Visa, MasterCard, Altria Parts of the market continue to perform, while other parts are continuing to struggle. The chip stocks Nvidia, Micron, and just continue to come under tremendous pressure, and what had been stellar years are beginning to become, well mortal. [vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” …
Tesla and Biotech’s Have Soared, While Chips and Tech Still Struggle
Tesla and Biotech’s Have Soared, While Chips and Tech Still Struggle The past couple of trading sessions have seen shares of Tesla rise from roughly $310 to $340, while biotechs have jumped from $102 to $107 on the IBB ETF. Meanwhile, tech and chips have stabilized but are not out of the woods just yet. …
Wild Friday – Biotech Shines
Wild Friday – Biotech Shines Having fun? It feels like every day this week the market is either going up 1 percent or down 1 percent. I have to tell you despite the downdraft in the market today on the Michael Flynn reports, the markets have held pretty steady, and Biotechs have been the one …
Technology Rotation Continues – Silver Linings Emerge
Technology Rotation Continues – Silver Linings Emerge There is no doubt that investors are getting excited about a corporate tax cut that is on the horizon. You can see it just by looking at the sector performance; it is clear as a beautiful day in Montauk on the eastern end of Long Island, overlooking the Block Island …
Tech Wreck V2.5 – Tech Smashed as Banks Rally On Tax Reform
Tech Wreck V2.5 – Tech Smashed as Banks Rally On Tax Reform We have seen this story before, haven’t we? Tech gets smashed in one day, falling by 1 to 2 percent. It happened a number of times over the summer. So how does it work, somebody wakes up one morning and says “I think we …
Banks And Discretionary Stocks Lead S&P 500 Higher In Race To 2,700
Banks And Discretionary Stocks Lead S&P 500 Higher In Race To 2,700 Do you believe? It would seem this market still has another leg left to go higher, with the push to 2,700 officially on. We opined last week that hedge fund underperformance coupled with a pullback that was shallower than expected could lead to a …