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Broad Market Update: The FED versus Inflation
The FED is fighting inflation but what does this mean for the markets when there is real evidence that inflation is slowing down? In technical analysis from a month ago, we stated that if the market broke below 3920-3900, then odds were high of a continuation of the bear market. Two weeks later, the S&P 500 is trading in the low 3600 range and we have updated our analysis to discuss what comes next in this complicated and frustrating broad market environment.
Nvidia Stock Is Ready To Rumble With RTX 40 Series And H100 GPUs
Nvidia had a big week with GTC 2022 and management is clearly ready to rumble against any excess inventory from crypto mining. The negative catalyst from crypto mining and Nvidia's price action is eerily similar to Q4 2018/Q1 2019 —- yet the company is not the same company it was four years ago. This is apparent by Nvidia flexing some major product muscle by timing it's best-ever gaming release and it's best-ever AI chip to hit the market in October.
Weekly Broad Market Levels: The Next Major Inflection Point
Next Week is going to be important. We explain what to favor when a market low is in place and reveals when the next key inflection point and swing pivot will be. Find out what the weekly market signals tell us about the current market outlook and learn about how the I/O Fund approaches de-risking its growth portfolio stocks.
Cybersecurity Continues To Lead Cloud Stocks
Last June, we discussed key reasons that cybersecurity stocks would hold up particularly well compared to other cloud verticals. The analysis pointed to enterprise spending expected to increase in 2022 from the previous year, according to Chief Information Security Officer (CISO) surveys.
Broad Market Levels: September 15, 2022
Knox explores potential bear market scenarios. With the help of basic trend analysis, he hopes viewers will be able to filter their emotions, so they can be on the right side of trend changes. Knox also covers September 16th's quadruple witching event, he details what supporting markets contributed to this bear market and ends the technical analysis by discussing the market impact of a potential recession in 2023.
Solar Stocks Lead The Market This Year As Energy Crisis Heats Up
Solar energy stocks have outperformed the S&P 500 Index YTD with the most noticeable divergence June-August. The S&P 500 index is down 17% YTD and Nasdaq-100 index is down 26%, yet solar stocks are leading the tech industry as Enphase Energy is up 72%, Maxeon Solar Technologies is up 62%, and First Solar is up 56% YTD.
Broad Market Levels: September 01, 2022
While examining the current broad market, Knox discusses whether or not the first leg of a larger bear market will last until 2023 or if there's something else going on. The broad market update also includes an overview of three scenarios that will be likely going forward and takes a look at the supporting markets such as crude oil and the U.S. dollar.
Why the Next Two Weeks Could Determine the Rest of 2022
For most of August, we have been providing free webinars in prior blog posts outlining an “imminent pullback.” You can access these here, and here. In this article, we will discuss key levels that must hold in order to maintain a long-term bullish bias. We also discuss why a direct drop to new lows may not play out, even if the bear market resumes. We then discuss the supporting markets that need to work in unison with equities before we can see a meaningful uptrend resume.
