Booking (BKNG) Breakdown

May 2, 2026 By in BKNG, DASH, DG, DLTR, DUOL, NFLX, SHOP, SPOT Leave a comment

Travel & Leisure

As of Friday’s close, travel agent Booking, BKNG, is down -27.38%, from all-time highs.

Down more than 20%, joining ranks with DASH, DG, DLTR, DUOL, NFLX, SHOP, and SPOT; all of which more accurately reflect the state of the middle-class consumer, what’s left of them.

After it’s all said and done, maybe a few of these entities won’t even exist after the next melt-down (not advice, not a recommendation).

All of which, brings us to Booking Holdings, Inc.

Booking BKNG, Weekly

On the weekly timeframe, the breakdown (and test) is not as clear as on the daily.

We’ll look at that, in the next 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

Biotech … Test & Reverse

May 1, 2026 By in $SPSIBI, Biotech, SPBIO, Spring-to-Up-Thrust, Up-Thrust, XBI, XBI-26-05 Leave a comment

Pivot Lower

This week, biotech XBI, broke below support and then came back to test.

Today printed a new daily low (and closed lower), indicating the test may be complete.

Short trade: XBI-26-05, opened late in the session with a stop just above the day’s high (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

ENTG, Target, and Reversal

April 30, 2026 By in Artificial Intelligence, ENTG, Linda Raschke, Semiconductors Leave a comment

Technical Analysis

Didn’t we just hear about some ‘gazillionaire’ complaining that technical analysis doesn’t work anymore, link here.

Looking at the chart; It’s a time tested, ‘still working’ analysis of a wedge breakout.

Then, we have today’s session which was decidedly lower on the earnings release.

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

Man Vs. Machine

April 29, 2026 By in Crowded Market Report, Linda Raschke, Perry Kaufman Leave a comment

A.I. and Money Management

The machine it turns out, can already replicate (pick) 70% of fund managers positions.

That statement comes from Linda Rashke, during a recent interview, link here.

Doing some research, it’s possible, this is the ‘white paper’ she’s referencing, link here.

Buried down in that text, is the statement:

‘By 2030, A.I. will handle 80% of financial decision making.’

The ‘Market Modeler’: Perry Kaufman

Ms. Rashke calls out Perry Kaufman (Time Stamp 3:14), praising him as a ‘market modeler’.

She also calls out Stanley Druckenmiller (Time Stamp: 2:38), but not in a good way.

Human Value-Added

The way to fight against the machine or at least offer something it can’t, is with the ‘outliers’.

That is, the ability to discern the next direction when presented with unpredictable (or un-modellable) events.

We’re already in unprecedented times.

For this site, assessing the ‘outliers’, seems to be happening on a near-daily basis.

Turn Out The Lights

The ‘easy money’ party’s over (time Stamp: 5:05).

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

Alcoa … Dramatic Breakdown

April 28, 2026 By in AA, AA-26-03, AA-26-04, David Weis, Dr. Elder, Up-Thrust 2 Comments

Textbook

With a short-entry signal that’s straight out of David Weis’ training video (recorded in 2007), Alcoa breaks down in dramatic fashion (not advice, not a recommendation).

As of this post, 11:34 a.m., EST, Alcoa has gap-opened lower, currently down, -5.10%.

Alcoa AA, Daily

Prior short, AA-26-03, was exited last Friday with profit.

That action proved to be correct. The next session (yesterday), was a rally into a test.

Today, was a gap-lower open.

There’s a potential for a sustained move. Short, AA-26-04, opened with a stop located at yesterday’s high (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

CBRE Update

April 27, 2026 By in Artificial Intelligence, CBRE, CBRE-26-01, Real Estate Leave a comment

Tight Stop

The chart shows one interpretation of what’s going on with CBRE.

A short was opened this session with the stop as shown (not advice, not a recommendation).

The last update, left it open as to whether or not there would be more upside to test resistance (not shown).

So far, that’s not happening although the possibility remains.

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

CBRE Group

April 26, 2026 By in Artificial Intelligence, CBRE, Up-Thrust 1 Comment

Up-Thrust, on Earnings

CBRE Group has got its fingers in the A.I. narrative, link here.

An added bonus is their commitment to ‘net zero’, link here.

Considering the A.I. narrative is being ‘challenged‘, leads to the potential for directional movement (not advice, not a recommendation).

Price action oscillated in a 14-point range at earnings release last Thursday, ultimately closing down -2.74%.

CBRE Group CBRE, Daily

There was acceleration lower with heavy volume during the ‘A.I. Scare’, link here.

This past Thursday, resistance levels were tested.

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

Five Below … Breakout Fails

April 25, 2026 By in AA, Spring-to-Up-Thrust, SPG, AA-26-03, SPG-26-01, FIVE, FIVE-26-01 Leave a comment

Once Again, The Pattern Repeats

It’s been one (potentially) false breakout after another.

So far, we have Alcoa, Simon Property Group, and now, Five Below.

Before continuing, trade AA-26-03, Alcoa short. closed: Profit 2.51% (not advice, not a recommendation).

The expectation was for decisive downside; it wasn’t happening

Now, back to FIVE.

The longer-term chart shows what’s taking place in this market and the markets overall, is on a massive scale.

Five Below FIVE, Weekly

The zoom area has five weeks of tight congestion.

That was followed by an attempted upside breakout last week, which (so far) has failed.

The stop on short-trade FIVE-26-01, is set at just above Friday’s high, 239.52 (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

SPG … Test Complete?

April 24, 2026 By in Real Estate, SPG, SPG-26-01 Leave a comment

What’s Next?

The last update on SPG, said this:

“Since price action looks quiet, no big fanfare of the (potential) reversal, an upward test of some type is probable”

Yesterday, may have been that upward test.

Especially so, if we get a new daily low today (not advice, not a recommendation).

Simon Property Group SPG, Daily

Note how volume contracted by 33%, when compared to the prior session 🙂

An in-the-market hard stop is 205.66, with a discretionary stop at yesterday’s high (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

Alcoa … Top, Drop, Test

April 23, 2026 By in AA, AA-26-03, Basic Materials, Linda Raschke, Spring-to-Up-Thrust, Up-Thrust Leave a comment

Trading Channel

Today’s new daily low, indicates test of the up-thrust reversal (below), is complete.

During yesterday’s open, as the initial minutes pushed action higher, a short was opened (not advice, not a recommendation).

As Linda Rashke just got done telling us:

‘You need to have the market available (for your position) to take or provide your ‘inventory’

That means, selling out the longs or going short as the market is liquid or rising (not advice, not a recommendation).

Alcoa Corporation AA, Daily

Managing this trade, is watching the channel, maintaining position as long as price action dictates (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