Category Archives: Artificial Intelligence

AMD … Top and Test

June 17, 2026 By in AMD, AMD-26-02, Artificial Intelligence, Semiconductors, SOXS, SOXS-26-06, SOXX

‘Stealth’ Test?

AMD, posted its all-time high during the regular session this past Monday.

Then, like the SOXX, yesterday was a lower , down -7.3%, with the SOXX down -5.92%.

Today, was a potential test of that reversal (not advice, not a recommendaiton).

The 60-min chart has a minor ‘up-thurust’ (blue arrow) during the test, followed by downside action.

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

SOXX Tops at ‘633’

June 16, 2026 By in Artificial Intelligence, Semiconductors, SOXS, SOXS-26-06, SOXX, Spring-to-Up-Thrust, Up-Thrust

Pre-Market Pivot

Is this the start?

Is everybody going to run for the exits (not advice, not a recommendation).

From yesterday’s update, we had this:

“If the SOXX stalls here and either reverses today (below resistance) or prints a new daily low tomorrow, then we’re at The Danger Point®”

Well, ladies and gentlemen; pre-market top 633 as noted and now, early in the session, a new daily low.

Semiconductors SOXX, Hourly

Currently testing underside resistance.

Of course, anything can happen. The SOXX could recover and move on to new all-time highs.

However, since posting a new daily low, below established resistance, we’re at The Danger Point® where risk on a short position is least (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

SOXX …’Up Close’

June 15, 2026 By in Artificial Intelligence, Semiconductors, SOXS-26-06, SOXX, Spring-to-Up-Thrust, Up-Thrust 1 Comment

Just Above Resistance

We’re at mid-session and this is how it looks for the SOXX.

New all-time highs while at the same time, posting a repeating pattern, link here (not advice, not a recommendation).

Of course, it’s what happens next, that’s important.

If the SOXX stalls here and either reverses today (below resistance) or prints a new daily low tomorrow, then we’re at The Danger Point®

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

A.I. and A.I. ‘Adjacent’

June 14, 2026 By in Artificial Intelligence, Ed Dowd, ENTG, ENTG-26-04, House of El - AI, Semiconductors, Up-Thrust

What exactly, is that?

We’re probably way past extremes like the ‘sock-puppet‘ era of dot-com boom/bust.

Ed Dowd, in recent interviews has mentioned the concept of ‘A.I., and A.I., adjacent’, for the downside. (not advice, not a recommendation).

So, what is ‘A.I. adjacent’, exactly?

Loosely translated, ‘businesses or products used to support the A.I. hysteria.’

All of which, brings us to Entegris.

Entegris ENTG, Weekly

Attempted breakout (Up-Thrust) from late April to early May results in downward action.

Last Friday, price action tentatively pushed itself above resistance, again (Test).

With the A.I. narrative unravelling by the day if not the hour, one has to wonder, if this ‘breakout’ will hold (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

SOXX, fills the ‘gap’

June 12, 2026 By in Artificial Intelligence, Semiconductors, SOXX

Alternation?

It was six trading days for the SOXX to fill the gap created on June 5th.

In a way, it did ‘alternate’ (discussed here) from the gap fill on the 4th; that filled within the day.

So, here we are. Fibonacci Day 8 from the SOXX all-time highs.

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

SOXX … in a Channel?

June 10, 2026 By in Artificial Intelligence, Semiconductors, SOXX

Early Signs

It’s never too early to start looking for a trend.

While there may or may not be a trading channel, what we do have, are inflection points at Fibonacci counts, 1,3, and 5.

Next up, is ‘Day 8’ (not advice, not a recommendaiton).

Let’s see what happens.

Note, the ‘hanging man’ and this update provided a heads-up on the reversal potential.

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

SOXX, Rally (attempt) Fails

June 9, 2026 By in Artificial Intelligence, House of El - AI, Semiconductors, SOXX, Up-Thrust

Weak Gap-Close

If the current situation holds, the gap-close attempt in the SOXX, has failed (not advice, not a recommendation).

A short-lived upward spike in the morning session, was quickly reversed.

Anything can happen, the index could give it another try.

However, we see the situation unraveling on several fronts (A,I., and private credit), in real time, 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

SOXX: Gap Fill, or Not?

June 8, 2026 By in Artificial Intelligence, Prechter, Semiconductors, SOXX 1 Comment

Rule of Alternation

One of the many characteristics of price action behavior, is alternation.

‘What happened last time, is not likely to happen this time’ (not advice, not a recommendation).

The chart shows the previous gap being filled.

What are the probabilities of the current gap being filled?

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

The SOXX ‘Blows Up’

June 5, 2026 By in Artificial Intelligence, House of El - AI, LITE, LITE-26-01, Semiconductors, SOXX

Just Like That

Yesterday’s ‘hanging man‘, indicated potential for reversal.

Today, it happened in a big way (not advice, not a recommendaiton).

At this juncture, anything can happen.

However, one thing seems to be a given; the A.I. clown show’s getting more bizarre, real-time: 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

The SOXX ‘Hangs On’

June 4, 2026 By in Artificial Intelligence, AVGO, LITE, LITE-26-01, Ox Talks, Semiconductors, SOXX 3 Comments

Sort Of

What just happened?

Did the SOXX recover from the Broadcom inspired implosion?

Or is this a potentially failed attempt to reclaim the uptrend (not advice, not a recommendation).

Before we get to the chart, Ox Talks brings up a pivotal point, link here.

Paraphrasing, we have:

‘Everybody’s lying’

If that’s the case, why trust any ‘data‘ at all?

All of which brings us to potentially the only truth out there; the price.

Semiconductors SOXX, Daily

The ‘Secret’ Trading Signal

Performing a quick scan to find a decent description of ‘hanging man’ turned up the usual grifting suspects.

All of them, at least until I quit looking, were trying to turn this signal into a ‘secret’ method to trade the markets.

Needless to say, if you need a refresher, you’ll have to look for ‘hanging man’ on your own. 🙂

The actual pattern is not that big of a deal. It’s what happens next, that’s important.

What’s happening right now, as of 6:28 p.m. EST, in the after-hours, SOXX is eroding lower.

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