Confusion Abounds

So, what’s it going to be?

Hyperinflationary melt-up? A massive crash? Trump-bump to new era of prosperity?

From a strategic standpoint, taking the pulse of analysis presented in the mainstream, on YouTube, et al., it’s a mass of confusion and differing opinions.

When all else fails, when in doubt, just spit out the ‘inflation’ rout. 🙂

A Different Approach

This site’s focused on truth and truth, attracts few followers.

One of those truths is Nvidia’s latest earnings release.

That release may have indicated, the A.I. bubble, the bubble of all bubbles, has popped (not advice, not a recommendation).

With that, let’s take a look at the sector and see what it’s telling us.

Semiconductors SOXX, Weekly

This prior update said we’re waiting for the break.

Well, we got it and now, an apparent test at the Fibonacci 23.6%, retrace from the October 15th, highs.

We’ll know soon enough, if the above work and the prior updates have identified the A.I. bubble top correctly.

Using the price action model of bubbles past, a trend break under the above conditions may signal an imminent, sustained, decline 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.

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