This trading pattern isn’t uncommon at this time of year as volume slackens a bit. Stocks are consolidating near their highs, while more tech stocks begin to behave bullishly. Disinflation is the name of the game, and that’s usually a good environment for stocks, especially Apple () and Amazon ().The big exception here is the semiconductor sector – chips. Stocks there are having a hard time maintaining the bid. Frankly, I’m a little concerned about this one and I’d like to see new all-time highs here to feel better about it.Bonds are starting a comeback… just in time for the collapse in oil prices I’ve been predicting. We’re seeing a move lower in crypto, too, but, as I’ll show you in a second, this is a true dip-buying opportunity.Video Length: 00:11:57More By This Author:
The “Turkey Trade” Has Stocks Spinning Their Wheels
