Stock

Head and Shoulders Top for Semiconductors?

Published

In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the financial sector with a focus on insurance stocks, and describes how the action so far in Q3 could be forming a potential head-and-shoulders pattern for semiconductors!

See Dave’s chart comparing Bullish Percent Indexes for $SPX vs. $NDX here.

This video originally premiered on August 14, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

In this article:

You May Also Like

Stock

Recovery Rally In Stock Market Offers Hope: What You Need To Watch

Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But this doesn’t necessarily mean that everything is...

July 27, 2024

Latest News

Biden marks Earth Day with new solar energy funds and steps to stand up American Climate Corps

President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under...

April 22, 2024

Latest News

Prince Louis photo released to mark sixth birthday

Britain’s Prince and Princess of Wales have released a new photo of Prince Louis to mark his sixth birthday on Tuesday, the first image...

April 23, 2024

Editor's Pick

Donald Trump fixates on Harris aide Ian Sams, who goads him on Fox News

In the final three weeks of the presidential race, former president Donald Trump and his advisers have attacked one particular foe more than three...

October 24, 2024

Disclaimer: Dealwithbiz.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 Dealwithbiz.com