The Top 1%

November 8, 2026 By in Jeff Wade, Linda Raschke, Mark Minervini, The Top 1%, Tom Hougaard Leave a comment

Brief & Brutal

Maybe the reason for “The Top 1%”, earlier (link here), was because we have this, for today’s post. 🙂

In any event, there’s a pattern.

Whether it’s Linda Raschke, Tom Hougaard, Mark Minervini, or today’s Jeff Wade, the pattern is this:

Is it possible to become part of the Top 1%?

Yes.

Is it probable?

No.

That is, unless one is willing to do whatever it takes.

‘Whatever it takes’, is different for every person as outlined by Tom Hougaard at this link.

For those who may have thought ‘Scum & Villainy’ was a bit much on this comment, I submit timestamp 39:50 in Hougaard’s speech, above.

Enough said.

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

Oil & Gas Sector Collapse

November 7, 2026 By in Oil, Oil & Gas, Wyckoff, XOP 4 Comments

XOP Wipeout

Oil & Gas Exploration sector XOP, collapsed by – 14.72%, this past week.

Prior to that melt-down, two scenarios were presented for the sector.

One, was a commodity style blow-off move, and the other, an immediate reversal.

The potential chosen, was dictated by the tape itself in this post, and shown on the chart.

Oil & Gas Exploration XOP, Weekly

The ‘measured move’ target from the wedge breakdown is shown. What’s not known is if, and when, price action will get there (not advice, not a recommendation).

Note: We’ve already had the ‘fast’ move.

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

A.I. Bubble … Deflating

November 6, 2026 By in APP, Artificial Intelligence, Semiconductors, SOXS, SOXS-26-20, SOXX Leave a comment

In The channel

The segment of price action at left, shows the SOXX maintaining a downward trading channel (not advice, not a recommendation).

Channels can remain active for longer than expected.

One recent example is Applovin (APP).

It just broke out of a down-channel that was in-effect for five months.

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

The Top 1%

November 5, 2026 By in Livermore, Mark Minervini, The Top 1% 1 Comment

Mark Minervini

Posts covering The Top 1%, are typically reserved for the weekend.

However, with so much happening, two days away is a long time.

I don’t want the interview to get lost in the chaos.

With that said, approximate time stamps below:

6:30: Volatility contraction pattern

6:45: Debunking efficient market theory

10:27: There’s a price for everything

11:02: Economic depression

19:13: Large position size and concentration

21:33: The goal is to make every decision a quality decision

22:44: Set-ups

24:10: Volatility contraction, timeless principle

33:40: ‘If you’re so smart …’

36:00: Criteria … this is what ‘should’ happen

39:27: Jesse Livermore

42:00: Mindset

48:50: Self-proclaimed gurus

52:20: Goal setting: Oriented, milestone, reward

53:20: ‘Breathing’

54:50: ‘Make your bed’

58:00: Position size and volume

1:01:30: Outside for a year

1:03)40: ‘All-in’ move

1:05:10: I’m not the man

1:06:40: A life worth emulating

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

SOXX … In The Channel

November 4, 2026 By in Artificial Intelligence, Semiconductors, SOXS, SOXS-26-20, SOXX Leave a comment

Testing Resistance

If we’ve just witnessed the end of the A.I. bubble, the long-awaited unwind has now begun (not advice, not a recommendation).

According to ‘bubble rules’, that unwind takes the sector, primarily the SOXX, all the way back to where the mania began.

Exactly where that level might be, and how long it’s going to take, is the subject for another update … or a series of updates.

Moving on to the chart.

Semiconductors SOXX, Daily Close

The attempt to close the gap discussed in this update, only got as far as testing the underside of resistance.

At the time of this post, 8:28 p.m., EST, the SOXX continues to move lower and further away from the ‘test’ area.

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

SOXX … A Gap, Too Far?

November 3, 2026 By in AMD, Artificial Intelligence, AVGO, MU, NVDA, Semiconductors, SOXS, SOXS-26-20, SOXX, TSM Leave a comment

AMD, Fails to Boost

At the time of this post, 7:43 p.m., EST, the effect of AMD’s earnings release appears to be fading (not advice, not a recommendation).

Fading not only for AMD, but for those that rose higher in sympathy: NVDA, TSM, AVGO, and MU, have all given up their sympathetic gains.

Depending on what happens overnight, the SOXX may have re-established its trading channel.

If so, that will be discussed in tomorrow’s update.

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

SOXX … Below ‘July Lows’

November 2, 2026 By in Artificial Intelligence, Edward Dowd, Semiconductors, SOXX 1 Comment

Is It Over?

Today was follow-through from last Friday’s -8.24%, pummeling.

According to Ed Dowd, time stamp 14:50, link here, that’s the beginning of the end for the A.I. bubble (not advice, not a reocmmendation).

However, from the chart we see that today’s thrust lower had less volume, less down travel, and much less down energy.

With those conditions in place, the huge gap (for potential fill) is not that far away (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

The Top 1%

November 1, 2026 By in AAPL, AMZN, Artificial Intelligence, Ed Dowd, GLD, GOLD, Gold & Silver, INTC, NVDA, S&P, S&P 500, Semiconductors, Speck-Effect, SPY, The Speck, The Top 1% Leave a comment

Ed Dowd Interview

There’s no government ‘bail-out’ for the A.I. bubble.

That’s the assessment from Ed Dowd during this interview, link here.

Just three days ago, that same question was discussed in the comments section, here.

The following are (approximate) time stamps for topics covered:

2:15: Bogus employment numbers

4:44: Amazon slowdown

5:20: Trump pumping Intel

5:45: Demand destruction

5:50: AAPL earnings Monday

6:40: Top 10% supporting the economy

6:50: Housing is dead

7:30: Concentration of wealth

8:20: Construction on Data Centers

8:28: Only healthcare is growing (could it be…)

10:00: Semis 19% of S&P 500

12:50: Nvidia

14:00: Intel

15:20: Semis and the July ‘low’

15:25: Semis, leading indicator

25:20: A.I. Bailout

26:14: Congress legislation, ‘No bailout’

27:00: Fed won’t bailout tech

28:45: Insurance bailout?

30:30: Insurance disaster

32:20: Watch the CCC bonds

33:10: Nvidia will ‘miss’

46:08: Gold and risk-off

46:40: Gold to $10,000 by 2030

47:00: Deflationary ‘scare’

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

The CAT Breakdown

October 31, 2026 By in CAT, Engineering & Construction 2 Comments

Retrace to 666?

Caterpillar is already down – 42%, from its all-time high set on June 30th, this year.

Could it go lower?

As the tagline suggests, there might be a retrace to target level(s) into this coming Tuesday (not advice, not a recommendation).

Caterpillar CAT, Daily Close

This could be a bit scary, if it works out.

Also, since today is Saturday, be on the lookout for some other site (or an A.I. bot) stealing the analysis this coming week … not making that up.

Note: The three red arrows are Full Moon(s).

Not making that up, either 🙂

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

SOXX Implodes

October 30, 2026 By in INTC, Semiconductors, SOXX Leave a comment

Capitulation or Kick-Off?

The SOXX was down hard on heavy volume, led by one of the laggards, Intel.

Meanwhile, we see the SOXX net distance (down) is either constant, or slowing.

Volume could be a ‘kick-off’ to lower levels, or a temporary ‘capitulation’ (not advice, not a recommendation).

Note the massive gap

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