Stocks

Good morning and welcome to this week’s Flight Path. Equities could not hold onto “Go” colors any longer and we saw a strong purple “NoGo” bar as the trend changed on the last bar of…

In the classroom we would have students alter their view of charts they were evaluating to gain fresh perspective and possibly enhance their analysis. Students often had Ah-Ha moments after freshening their interpretation of a…

The previous week turned out quite volatile for the markets as they not only marked a fresh lifetime high but also faced corrective pressure as well towards the end of the week. The markets maintained…

The dog days of summer are here. And the stock market gives us a brutal reminder of this. The first trading day of August began on a very pessimistic note. Thursday’s weak manufacturing data spooked…

And then ….. all of a sudden….. things are heating up. Lots of (downside) market action in the past week. Let’s see what sector rotation and RRGs can tell us. The RRG at the top…

The broad market and the group are big drivers for stock performance. Recently, the Nasdaq 100 ETF (QQQ) led the market lower with sizable declines over the last five weeks. Weakness in QQQ weighed on…

In July alone, the iShares Russell 2000 ETF jumped upwards of 12%, outpacing the S&P 500, before retracing half that distance. Historically, the Russell (in general) hasn’t done as well as other major indexes, mainly…

This Fed has got to go. It’s time. You’ve overstayed your welcome, Fed Chief Powell. I literally was just shaking my head after reading the changes to the Fed’s policy statement. The changes were in…

Nvidia (NVDA) was perhaps the most outstanding semiconductor trade of 2024. While some people might have missed out, there are still plenty of chances to get in.  But it’s also wise to look for a…

Last week, there was a noticeable change in investor sentiment. We have so much data coming out this week, and much will rest on how the trading week ends. The S&P 500 index ($SPX) broke…