Category Archives: GLW

Last Time, Was ’29

March 14, 2026 By in 1929, 2007 - 2008, Alice Cheung, GLW, GLW-26-01, GLW-26-02, GLW-26-03, GLW-26-04, GLW-26-05, GLW-26-06, Great Depression, Great Depression 2.0, Oil, S&P 500, SPY, USO, YouTube Black Swan Tags: , , Leave a comment

Hundred-Year Extremes

Going all the way back, this link, shows we’ve gone beyond 1929 levels.

It seems, nearly every recession (depression) gets kicked off with a spike in oil prices.

In 2008, USO peaked during the week of July 11, that year.

However, the damage was done.

The S&P (SPY) was already in decline, having peaked the week of October 12th, a year earlier.

Another Extreme

Not to be outdone with the valuation extreme, we have the mutual fund cash extreme at this link.

Mutual fund managers are ‘all-in’, Time Stamp 4:15 (not advice, not a recommendation).

Then, there’s ‘private credit’, link here.

Now, on to the trade du jour.

Corning GLW, Weekly

As GLW, was breaking out from generational highs, three attempts were made to short; result, small losses.

Adjusting Behavior

The most important take-away, is the behavior change as a result of losing entries; that is, stand-aside.

As said many times on this site:

“There’s nothing wrong with being wrong. It’s being wrong and staying wrong that’s the problem”

Once the Fibonacci sequence was identified, link here, short positioning continued.

Next Steps

Anything can happen.

For the chart above, the stop on the -06, trade is last Friday’s high (not advice, not a recommendation).

With that high as minor resistance, there’s also the weekly high at 139.63, for additional ‘protection’.

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

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

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

Corning Spikes, After-Hours

March 9, 2026 By in Artificial Intelligence, GLW, GLW-26-04 2 Comments

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

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

Corning’s Glass Ceiling

February 1, 2026 By in Artificial Intelligence, GLW, GLW-26-01

Last Gasp?

If you believe the financial press, link here, then we’re in the clear for Corning as it’s part of the A.I. mania.

Throw in some analyst ‘buy’ ratings and it’s good to go. 🙂

If we actually look at the truth, the price action itself, it may be telling us something different (not advice, not a recommendation).

Corning GLW, Monthly

All-time highs, link here.

The long-term perspective shows us it took nearly a generation for GLW to get back to ‘dotcom’ levels.

In fact, the news release in the first link above, resulted in the gap-higher straight into decades long resistance.

Now, you have to ask yourself: “Do you feel lucky?”

Is GLW, somehow going to miraculously push through (and hold) that resistance of many years, on just one attempt?

In the markets, anything can happen.

Next up and depending on price action, we’ll look at the daily chart.

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