Thursday, April 25, 2024

Guess What Index Just Broke Out

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Over a century ago, Charles Dow said it's bullish when transportation stocks hit new highs. That's exactly what they're doing today. So-called "Dow Theory" teaches...

Marijuana Momentum, Airlines Ascending: Groups in Focus

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Two different groups have been "flying under the radar" and "hitting new highs" in recent weeks. Let's check them out. First: Flying under the radar....

Big Tech Slammed Again As Rotation Continues

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As the saying goes, the bigger they are, the harder they fall. That seems to be the case in technology stocks this week as large-cap...

Tech Troubles, Emerging Meltdown Lifts Volatility

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Volatility's on the rise again today, especially for tech stocks and emerging markets. A combination of political risk, currency anxiety and simple buyer exhaustion seem...

Traders, Keep an Eye on Chip Stocks

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Semiconductors have been a weak spot in technology for most of the year. But now the group may be trying to break out. The Market...

Is Biotech Quietly Breaking Out?

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Biotechnology stocks are trying to break out as investors await potential catalysts after Labor Day. The iShares Nasdaq Biotech ETF (IBB) has closed at new...

Is the Global Picture Brightening?

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Global stocks have been a hot mess all summer, but some recent events may suggest the tide is turning. Over the weekend, for instance, China...

Goldilocks Drives S&P 500 to New Highs

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If the longest bull market in history had a patron saint, it would be Goldilocks. This Wednesday marked the 3,453rd session in the uptrend that...

Swarming the Markets with Hivemind’s Suite of Algorithms

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Many clients want to trade swings in the market. They know how to do it and understand, but are too busy to time entries and...

Looking Behind the Numbers as Stocks Test Old Highs

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The S&P 500 hit a new all-time high yesterday, slightly above its previous record in January. Many things have changed since that previous peak. Then,...
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