A Mizuho analyst is concerned about the strong momentum in chip stocks despite the lack of fresh catalysts. Nvidia Corp. shares have been climbing for six consecutive days, set to hit a sixth straight record high. Jordan Klein, an analyst at Mizuho Securities, finds this rapid rise worrying, especially as...
Hello, traders! Welcome to today’s exploration of the Trade Scalper method, conducted on this Wednesday morning of March 6th. Today, we dive into the intricacies of leveraging the Trade Scalper software to capitalize on short-term market movements. Before we proceed, it’s crucial to acknowledge the inherent risks of intraday trading,...
The apparent absence of a crucial element seen in most past peak bubbles suggests that U.S. stocks are not presently in a bubble, as per analysts at TS Lombard. Unlike prior bubbles, today’s market lacks significant leverage. Despite appearing overvalued, particularly in sectors like technology, financial, and healthcare, margin debt...
Despite the surge in other major U.S. stock-market averages to record highs, the Dow Jones Transportation Average (DJT) has struggled, remaining more than 6% below its peak from November 2021. Over the past year, it has lagged behind the broader Dow Jones Industrial Average (DJIA) by over 12 percentage points....
Welcome to another enlightening session where we delve into the realm of autopilot trading. Today, on this fine Tuesday, March 5th, we’re poised to unravel the intricacies of autopilot trading systems, shedding light on their capabilities, benefits, and the optimal strategies to harness their power. Before we embark on this...
Jonathan Krinsky, the chief market technician at BTIG, highlights that the Nasdaq-100, heavily weighted towards tech, has not seen a pullback of 2.5% or more in 303 trading sessions, marking it as the third-longest streak since 1990. While this streak does not necessarily indicate an immediate downturn in the AI-driven...
