$KWEB Back to the low from last year, a big round trip. Down 35% in 6 months. Seems like it's back in the hated & forgotten camp.
$APP daily
Tricky spot right here
Down-sloping 50-ma was resistance
Up-sloping 10-ma is possible support
$VRT to be added to $SPX later this month. Outside of mining stocks and energy, this is one of the stronger charts I see.
$RIG is a beauty, riding the 10-ma since New Year's. And look at the declining volume in consolidation.
$PL daily
Firming back up after hanging out on the 50-ma. But now with Price > 10-ma > 20 >50 looking good.
$CAVA weekly, with 10-ma
Trend change on volume afoot
$STX daily *log* chart
These bars start to look all wide and sus up here if you don't use a log chart. Thing just keeps running.
I still hear about 50% of people on Bloomberg TV/Radio pronouncing $NVDA as NUH-videa.
This is bonkers to me.
$HIMS getting thrashed today. But this looks like capitulation volume and a hammer candle forming for the day. If this is a reversal, follow-on confirmation will be there in the days ahead.
$ALAB still trying to break through resistance. Earnings tomorrow PM.
In this week's @IBDinvestors Top 50, I see about 16 names in the metals/mining sector. This has been pretty normal over the past couple months. All this charts look basically like this one for #2 $IAG.
~ Price now below a sharply downturned 10-day MA...
Jonathan Harrier, CMT retweeted
Be a professional loss taker.
Quietly grind.
Have a great day my friends.
$MSTR daily
Seems like an important line right here
Earnings after market
$SPX is at the top end of its long-term channel as @mark_ungewitter illustrates. Aside from a broad market selloff, I also wonder if we might just end up seeing a big rotation out of tech, which makes up 34% of the S&P 500. Mid & small cap are very different and could benefit.























