At The Edge …

February 6, 2026 By in Artificial Intelligence, Semiconductors, SOXX, TXN, TXN-26-02, TXN-26-03 Leave a comment

Stretched, at All-Time Highs

We’re looking for The Danger Point®, where the risk (of being wrong) is least (not advice, not a recommendation).

This method applies to going long as well as short:

Buy or sell (short) at the edge.

Looking at the chart of Texas Instruments, you’ll have to judge for yourself if we’re at that edge.

Texas Instruments TXN, Daily Close (12:37 p.m., EST)

Using the data from yesterday’s update, link here, we’re at a point that could get very interesting.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

TXN … Dotcom Then, A.I., Now

February 5, 2026 By in Artificial Intelligence, Michael Bordenaro, Semiconductors, SOXX, TXN, TXN-26-02 1 Comment

Once, in a Generation

Michael Bordenaro’s latest update, had this in the comment section (paraphrasing):

‘It’s likely, few people realize how far this is going to go, and how long it’s going to last.’

With that said, we’ll look at a once-in-a-generation event, Texas Instruments.

Not since the height of the dot-com mania, has there been a repeat of the indicator shown below.

Texas Instruments TXN, Monthly

Two massive Force Index spikes, a generation apart.

In the dotcom mania, the spike was not the top; that came a month later.

For the A.I. mania, TXN posted its spike last month (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

TE Connectivity … Breakdown

February 4, 2026 By in Artificial Intelligence, TEL, TEL-26-01 Leave a comment

Massive Wedge Throw-Over

The last update on TEL, was over six months ago, link here.

The chart in that update showed a massive long-term wedge.

At the time, price action was right at the upper boundary.

What came next, was an apparent ‘throw-over’ that’s lasted six months (not advice, not recommendation).

If price action declines decisively back into the wedge, we’ll discuss measured move(s) at that time.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

O’Rilley Earnings …

February 3, 2026 By in ORLY, Spring-to-Up-Thrust Leave a comment

After Hours, Tomorrow

ORLY, reports tomorrow, after-hours.

Since we got a ‘spring’ by penetrating support, it’s possible, price action will resolve itself by posting an up-thrust (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Palantir … After Hours

February 2, 2026 By in Artificial Intelligence, PLTR Leave a comment

Straight into Resistance

Palantir released earnings after the bell, link here.

The magenta line shows how the ‘good news’ is being received.

As of this post (6:40 p.m., EST) price action is in a narrow range, hitting the underside of resistance, near a downtrend line (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Corning’s Glass Ceiling

February 1, 2026 By in Artificial Intelligence, GLW, GLW-26-01 Leave a comment

Last Gasp?

If you believe the financial press, link here, then we’re in the clear for Corning as it’s part of the A.I. mania.

Throw in some analyst ‘buy’ ratings and it’s good to go. 🙂

If we actually look at the truth, the price action itself, it may be telling us something different (not advice, not a recommendation).

Corning GLW, Monthly

All-time highs, link here.

The long-term perspective shows us it took nearly a generation for GLW to get back to ‘dotcom’ levels.

In fact, the news release in the first link above, resulted in the gap-higher straight into decades long resistance.

Now, you have to ask yourself: “Do you feel lucky?”

Is GLW, somehow going to miraculously push through (and hold) that resistance of many years, on just one attempt?

In the markets, anything can happen.

Next up and depending on price action, we’ll look at the daily chart.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Carvana, CrowdStrike, Cadence

January 31, 2026 By in CDNS, CRWD, CVNA, Spring-to-Up-Thrust, Wyckoff Leave a comment

Earnings, late February, early March

Earning release for CVNA, CRWD, and CDNS, are scheduled here, here and here.

All three charts are in the same, or similar position.

Q: Anyone know?

A: Recently penetrated support or are testing that penetration.

Technically speaking, they’re all in Wyckoff ‘spring’ position (not advice, not a recommendation).

Chart analysis to follow.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Now … The CVNA ‘Test’

January 30, 2026 By in CVNA Leave a comment

Pass, or Fail?

Odds of passing the test and moving higher, are better than a throw of the dice … if volume contracts (not advice, not a recommendation).

Admittedly, at this point in the early session, it looks a little shaky.

Price action has come all the way down to support and is attempting to bounce higher.

Carvana CVNA, Daily

Contraction of volume (from the prior session) for the day, does not guarantee anything.

It just points the probabilities for a mover higher (not advice, not a recommendation).

Financial ‘Mystery’ Solved?

Judge for yourself.

At this link, Carvana is discussed but the comments provide a potential answer.

Buried between 25 – 30 comments down, a statement that once read, makes perfect sense.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Carvana … The Day After

January 29, 2026 By in CVNA, Spring-to-Up-Thrust, Up-Thrust, Wyckoff Leave a comment

Now, It’s Ready for New Highs?

Figuring out Carvana’s price action, can turn you into a nervous wreck. 🙂

The latest mortar lobbed at CVNA, was this report; yet again, the ‘fundamentals’ are interesting.

As the mid-session update said yesterday:

“It’s possible there might be higher action (staying below the session high) into, during, or just after the Fed announcement (not advice, not a recommendation).”

CVNA, continued on lower to penetrate support levels of January 2nd, this year.

After that, was a rebound into the close.

Wyckoff ‘Spring’ Position

With support penetration, rebound higher including today’s action, we’re in Wyckoff ‘spring’ position.

Now, comes the interesting part.

It’s possible, CVNA could move on to a repeating set-up, posting new all-time highs (not advice, not a recommendation).

Carvana CVNA, Daily

Note the massive down-thrust energy. This is possibly the largest ever, for CVNA (data going back to 2/12/20).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Carvana Whacked … Down 9%

January 28, 2026 By in CVNA, Federal Reserve, Interest Rates, Up-Thrust 1 Comment

Watch The Fed Announcement

The last update on Carvana did not see how it was going higher but gave a potential price target, anyway.

At the same time, that update said:

“Note: Today’s break higher, then a pullback, puts CVNA in up-thrust position (not advice, not a recommendation).“

As of this post, CVNA has accelerated lower, penetrating support levels; that puts it in (minor) ‘spring’ position.

It’s possible there might be higher action (staying below the session high) into, during, or just after the Fed announcement (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279