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…
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Big Tech Earnings, Fed Meeting, Jobs Report: Will They Add More Pressure to the Stock Market?
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…
The S&P 500 Index is a capitalization weighted stock index. Many of the lesser capitalization blue-chip stocks that compose these 500 companies have been performance laggards. Though smaller companies in…
This week we have four Magnificent Seven stocks reporting earnings. We also take a look at McDonalds (MCD) and Ford (F) going into earnings. How are the chart technicals setup…
Good morning and welcome to this week’s Flight Path. Equities had another tough week last week and we saw an amber “Go Fish” bar for the first time since this…
This week saw the major equity averages continue a confirmed pullback phase, with some of the biggest gainers in the first half of 2024 logging some major losses. Is this…
Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But this doesn’t necessarily mean that everything is OK going into next week. Wall…
Flying Financials In the recent sector rotation, basically OUT of technology and INTO anything else, Financials and Real-Estate led the relative move. On the RRG above, I have highlighted the…
This will be one of the most interesting quarters in recent memory. The Fed has got to choose its poison. Do they stand pat once again next week, leaving rates…
After a big run this year, Nvidia (NVDA) fell over 15% from its high and broke its 50-day SMA. On the face of it, a break below this “key” moving…