Here's why we would wait for better buying opportunities.
The technical signals aren't yielding a clear answer to that question.
Plus, HP expects to have PCs with a built in AI program available by 2024.
I'm focused on a pattern that has repeated all year long.
These big-cap names are not acting as leadership that is helping the rest of the market, although they effectively control the indexes that drive sentiment.
Are investors climbing a wall or worry or are they too wild about AI tech stocks? Let's answer that question, look at breadth, panic and more.
The biggest problem now is that the big-cap names are not acting as leaders.
Don't confuse a stock revival masquerading as a living, breathing business revival.
Let's not ignore the strength in AAPL.
Here's what the charts and indicators say.