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The U.S. stock market experienced a rare down week as the S&P 500 and Nasdaq closed lower after touching record highs, with high-flying chip stocks reversing course. Mixed signals from the economy and the Fed contributed to buyers pausing after a historic run.
Very extensive article following intraday #SPX #NDX reversal. In $SMH $NVDA $AVGO etc on high volume, somewhere barely so $IWM. Negative divergencies and falling out of the trend channel ahead? #tech still vulnerable unless #crypto fever doesn't reignite. https://t.co/Gdmczk8vGL
Was Friday’s reversal a hiccup or a gag reflex saying “enough for now?” Mid-cycle rhythms, measuring the worry wall, the setup for future returns 15 years off the 2009 low. You can now read my @CNBCPro column simply by providing an email via the link. https://t.co/UV1MGbLC6E
Thu article "Rising Temporary Fragility". Fri premium talked upcoming flush(es) "a stark fear that would be overcome reasonably fast in this earnings, sentiment and liquidity driven rally that just doesn‘t fall out of the rising „channel“ even for only a day or two" #SPX #NDX https://t.co/nGlhUer4Nn