Semiconductor Stocks: Overbought Does Not Mean ‘Short’ (Your Market Update Video)

Semiconductor stocks measured by the SMH etf had a historic run over the past few weeks and are now near record near term overbought. However, just because something is extremely overbought does not necessarily mean it becomes a ‘short.’ It just means that the near term momentum is getting exhausted and price can ‘correct’ in […]

Don’t Chase AMD (Your Market update Video)

Shares of Advanced Micro Devices (AMD) have rallied 55% over the past few weeks…a formidable feat for a company with a market cap of nearly half a trillion USD. With earnings not too far away, the stock is reaching levels where we would not want to chase it higher for now. Watch Serge’s short video.

Amazon (AMZN) Chart in Perspective

After a sharp two-week rally shares of Amazon.com (AMZN) are now ‘only’ back at the upper end of a multi-month trading range. Here is what this means. Watch Serge’s short video.

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