US Stock MarketDetailed Quotes
.SIXT Technology Select Sector Index
- 2255.710
- +16.390+0.73%
Close Nov 1 16:00 ET
2272.050High2238.780Low
2239.110Open2239.320Pre Close0Volume2397.89052wk High--Rise1.49%Amplitude1726.85052wk Low--Fall2255.415Avg Price--Flatline
Tech has been killing it in the market this year, thanks to the artificial intelligence boom. The tech sector has lifted the entire market while other sectors have greatly underperformed.
Occasionally, an overheated sector will begin to cool off as investors rotate their capital into underperforming sectors in expectation of a broadening rally or a change in the economy.
Even the NASDAQ announced a special rebalancing later this month, ...
VIX had a major gap up overnight with a big spike in volume. SPY opened up today with a big gap down in price as investors shorted the market.
Is it a good time to short the market after this huge rally? Or will the shorts that pushed the VIX up overnight get squeezed again like they did last April.
Don't fomo or pan...
The narrative in world markets changes regularly. These narratives control market sentiment and essentially direction of price action within the markets.
Market narratives range from a global pandemic, war, skyrocketing inflation or interest rates, slowing economic data, recession fears, or even improving economic data. Instances like these occur on a regular basis, and they can change the direction in markets. Ge...
Competition
Go Long: $ $Advanced Micro Devices (AMD.US)$
Go Short: $ $Intel (INTC.US)$
These two are in the semiconductor space. This sector is in full rally mode, so going short on either of t...
IMPP had its IPO during the time when energy and commodity markets were in a massive rally due to the Russian war and supply chain challanges. This ticker symbol had one of the best spikes in price compared to the entire energy sector. It was trading like a meme stock on certain days. The hype and euphoria seem to be lingering with this stock even though the share price has been falling for quite a while, and the energy bull run seems...
NVDA is currently one of the strongest equities in the stock market. Last week, after printing all-time highs, the ticker closed in the red. Will there be more selling this week for the semiconductor company? Or will NVDA climb to new all-time highs next week?
It appears that NVDA is forming a consolidating ranging pattern. The pattern is not quite confirmed yet, but if this week starts off with strong selling, then the resistance of this ...
In the first quarter of the year, the m...
Hang Seng Technicals
The recent rally in Chinese equities was caused by hopes of stimulus in China as well as bullish equity markets in other countries. Things were looking very promising for chinese equities. But the chinese government stimulus lacked luster, so the current rally has fizzled out. So what is next for chinese equities?
Long-Term Trend
The current long-term outlook for the Hand Seng index is barish. You can see the long-term trend in the ...
The most important aspects of technical analysis are actually the most basic fundamentals of TA. They are the first thing you should learn in TA. Price action, volume, and the overall tr...
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