In this edition of StockCharts TV's The Final Bar, Dave tracks the rapid and concerning deterioration in semiconductors, with stocks like NVDA and AVGO pushing lower after last week's bearish candle patterns. He then dives into the downturn in Bitcoin, the impressive recovery for energy stocks, and a general improvement in value-oriented sectors.
See Dave's chart showing the relative strength of value sectors here.
This video originally premiered on June 24, 2024. Watch on our dedicated Final Bar page on StockCharts TV!
New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.
About the author:
David Keller, CMT is Chief Market Strategist at StockCharts.com, where he helps investors minimize behavioral biases through technical analysis. He is a frequent host on StockCharts TV, and he relates mindfulness techniques to investor decision making in his blog, The Mindful Investor.
David is also President and Chief Strategist at Sierra Alpha Research LLC, a boutique investment research firm focused on managing risk through market awareness. He combines the strengths of technical analysis, behavioral finance, and data visualization to identify investment opportunities and enrich relationships between advisors and clients.
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