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If you're no longer expecting a Nasdaq 100 breakdown, then here is the classic H&S formation on the Philadelphia Semiconductor Index (whose components include the giants of this year's tech rally). Will a break below the SOX neckline help drag down the Nasdaq 100 below 14800?
The Apple (NASDAQ:AAPL) event and US CPI release are among the powerful drivers for what's to come next. But I suspect the indices won't resolve themselves before the FOMC meeting. We've been short NDX (US100) since late last month.
After November's surge, investors are wondering if December will sustain the trend. In an era where the average equity holding period is merely 6 months, this is...
For much of the past month and a half, the S&P 500 has rallied, recovering all of the lost ground from the summer/fall correction. The market is currently trading at just below its...
AI stocks have rallied this year, posting significant YTD gains But despite the rally, there are still some undervalued gems waiting to be snapped up In this piece, we'll take a...
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