Would You Buy This Chart?
A fun and interesting excercise in technical analysis from The Big Picture.
A fun and interesting excercise in technical analysis from The Big Picture.
As I suggested on Tuesday, the stock market is thinning out dramatically. While the major indexes continue to go up on a daily basis because of mega caps like Nvidia (NVDA) and Apple (AAPL), beneath the surface more and more…
NOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…
The June CPI came in soft Thursday morning raising expectations of a Fed rate cut in September to about 85%. In an interesting reaction to the report, investors are selling the leading stocks in the Nasdaq-100 (QQQ) and rotating into…
While Wednesday might have seemed like just an ordinary day with the S&P -0.51% and the NASDAQ flat, it was anything but. While the indexes were seemingly placid, beneath the surface most stocks got hit. Strong earnings from Microsoft (MSFT)…
Note: A few months ago I started writing a daily morning market email for clients, friends and family. I recently decided to start making this email more broadly available. Email me at gfeirman@topgunfp.com if you’d like to be added to…
The Dow is poised to close below 13,000 today for the first time since April. It took about 3 months to get from 13,000 to 14,000 – and it looks like it’s only going to take 19 trading days to…