Corning … ‘Changing of Hands’

March 13, 2026 By in Artificial Intelligence, GLW, GLW-26-01, GLW-26-04, GLW-26-05, GLW-26-06 Leave a comment

Potential Lower Close

If Corning closes lower, if today posts outside-down, then GLW may be ‘changing hands’ from strong, to weak.

Strong to weak because who else is buying-in at all-time highs, ‘generational highs’ at that, expecting more (sustained) upside (not advice, not a recommendation).

Corning GLW, Daily

There’s so much going on in this chart.

We had a Fibonacci sequence on the way up, link here, and now, it looks like one on the way down (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

Uber: Confirms, Continues (lower)

March 12, 2026 By in Transportation, UBER, UBER-26-02 2 Comments

Test & Reverse

The last update on UBER, identified a potential downside reversal link here.

At that point, it was in ‘test’ phase.

Since then, UBER has posted a new weekly low, confirming the test and now, a reversal (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

Spotify Reversal at Target

March 11, 2026 By in SPOT, SPOT-26-01, Up-Thrust Leave a comment

With Fibonacci Sequence

The last update on SPOT, identified the retrace targets for a potential reversal, link here.

Price action hit 38%, then printed an up thrust, then a reversal (not advice, not a recommendation).

In an almost surreal situation, SPOT has declined 48% on the first leg down, retraced in Fibonacci 21-Days (not shown), all the while, short interest remains muted at just over 3%, listed here.

Where are the bears?

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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

Netflix in a Struggle

March 10, 2026 By in NFLX, NFLX-26-01, Spring-to-Up-Thrust, Up-Thrust, ZeroHedge Leave a comment

Last Gasp?

Netflix has been grinding at resistance for over a week with no apparent headway.

With stories like this, all the ‘good’ news may already be out (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

Corning Spikes, After-Hours

March 9, 2026 By in Artificial Intelligence, GLW, GLW-26-04 1 Comment

Auto-Generated ‘Content’

Corning spiked higher in the after-hours session; potentially, from auto-generated ‘felgercarb’, link here.

We’ll have to see if the 3-point spike lasts until the next open.

As of this post just over one hour later, it’s already not looking good; only one point higher.

Corning GLW, Daily

Note the breakout from highs set back in September of 2000, followed a Fibonacci sequence.

And … it’s gone.

As of 6:30 p.m., EST, the spike has been fully retraced (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

Uber … Wedge, Channel, Test

March 8, 2026 By in Michael Bordenaro, UBER 1 Comment

Quitting in Droves

Behind the scenes at Uber, we have this, link here.

‘Best days are behind us.’ Time stamp: 7:35

‘You could be riding around with a serial killer and not even know it’ Time stamp: 8:21

Looking at the chart, we have a terminating wedge, a trading channel and now this past week, a test.

Uber Technologies, UBER, Weekly

The dashed magenta line shows, price action coming up to test underside resistance, then closing lower (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

Private Credit Blow-Up

March 7, 2026 By in 2007 - 2008, Julia La Roche Leave a comment

Positioning

From the Julia La Roch Show link here.

Time stamps are below:

4:00: Insurance companies buying private credit

5:15: ‘Valuation lag’

7:55: Fraud & The cockroach theory

12:00: Lehman Brothers

12:38: No promise of support from the U.S. Government

13:08: Blackrock scrambling for cash

13:55: Positioning

14:40: Financials still overvalued

19:20: Level of risk

27:20: Teapot Dome Scandal

28:50: Trump administration to end in a financial crisis

29:25: Different than 2008

30:00: Commercial bailout?

31:00: Insurance companies & annuities

35:00: Gold standard

36:30: Bank sell-off

36:57: Rate cut

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 … Capitulation, and Kick-Off

March 6, 2026 By in SOXX, Semiconductors, Artificial Intelligence, Ed Dowd Leave a comment

What, Was That?

The semiconductor SOXX, ETF just had its largest ever, weekly downward thrust energy.

The last time it got close, was the downside ‘capitulation’ back in early April, last year.

Other than those two events, there’s never been a similar extreme going all the way back to July of 2001.

Semiconductors ETF, SOXX, Weekly

As the note says, it’s unknown if this is an actual kick-off to a sustained downside.

With such an historic print lower, ‘normal’ market behavior is for some kind of upside testing next week (not advice, not a recommendation).

Recall, in the various Ed Dowd interviews, his comments to the effect:

‘When this thing (A.I. mania) starts to unravel, it’s going to happen quickly’

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

CrowdStrike at Resistance

March 5, 2026 By in CRWD, Software, Up-Thrust, Wyckoff 2 Comments

They Sell … Wall Street Buys

The earnings release tells an interesting story, link here.

After all’s said-and-done, CRWD still has a negative P/E.

Analysists are optimistic, while the insiders sell millions-worth (not advice, not a recommendation).

A push above resistance (blue line), puts CRWD in Wyckoff Up-Thrust position.

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

Silver: ‘By The Numbers’

March 4, 2026 By in Gold & Silver, Silver Collapse, SLV Leave a comment

An Objective Look

Putting aside the YouTube ‘silver to the moon’ hype, ‘dollar destruction’, and ‘economic collapse’ narratives, along with every other form of hysteria or mania du jour, we’re going to try something novel; like just looking at the chart of silver (SLV), itself.

Silver Tracking ETF, SLV: Weekly

There it is.

The last top and reversal, kicked off a bear market lasting about nine-years.

This time around, downward thrust pressure (Force Index) is more than double that of the previous reversal (not advice, not a recommendation).

It’s interesting, we don’t hear any more stories about silver bullion being flown to the LME.

That’s because the last such flight was (reportedly) way back in October, link here.

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