China Slowdown Continues
China just released two more readings on their economy very early Saturday morning, Dallas time. Both reports showed that the China slowdown continues. Continue reading
Tag Archives for " Russell 2000 "
Semiconductor Bounce
The semiconductors had the biggest move of all the sectors this last week, up 5.6%. But can this move last? Where are they going from here? And do all the semiconductor stocks look similar?
In the video below I review this week’s market action by reviewing the S&P 500 ETF (SPY) and the Russell 2000 ETF (IWM). I look at the Semiconductor ETF (SMH) which was the biggest sector mover this week and then look at 6 semiconductor stocks:
- Ambarella (AMBA)
- Broadcom Limited (AVGO)
- NXP Semiconductors (NXPI)
- Qualcomm (QCOM)
- Skyworks Solutions (SWKS)
- Texas Instruments (TXN)
The video attached below is a very condensed version of what I provide to my Insider Members in their Weekend Market Analysis.
Monkey Business
The video attached below is a very condensed version of what I provide to my Insider Members in their Weekend Market Analysis.
Year of the Monkey
We won’t get any clues from China this week as the markets are closed for Chinese New Year or Spring Festival as it is also called. The Chinese New Year begins Monday, February 8 and it’s the Year of the Monkey…the Fire Monkey to be exact. I didn’t see any China economic reports due out either, until February 14.
The Shanghai Composite Index compressed further in pre-holiday trading. It still looks like consolidation in a downtrend. In the chart below I show the next support level, which is still another 10% down. Continue reading
Extreme Conditions
January 2008 – January 2016
The video attached below is a very condensed version of what I provide to my Insider Members in their Weekend Market Analysis.
The retracement in the stock market continues and we are now rapidly approaching my targets for this 4th wave.
Continues to Plummet
In the Baltic Dry Index chart above you can see that it continues to plummet to new all-time lows. I last talked about this on January 6 in the post “What is the Baltic Dry Index Saying Now?” The situation is now much worse. Continue reading
Are the Bears Tired?
Attached below is the very condensed version of what I provide to the Insider Members in their Weekend Market Analysis.
So we got a bounce from deeply oversold conditions on Thursday and Friday. Is that it. Is the selling over? Are the bears tired? Continue reading