ClearValue Team Insights
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NASDAQ Continues to Rally to Cup & Handle Price Target
In 2023 I drew a cup and handle pattern for QQQ with a price target of $568.97. QQQ has made significant progress in 2023 and so far in 2024. We are seeing some textbook technical analysis price action playing out here. The cup and handle pattern has played out perfectly, and QQQ has a key […]Read More
S&P Continues to Rally to New Highs
We’ve seen a lot of bullish strength in the U.S. stock market lately with new highs forming for the S&P and NASDAQ. SPY is showing very nice bullish momentum above the white resistance line, and continues to trend up as we wait for June CPI and PPI data over the next few days. The forecast […]Read More
Semiconductors At Revolution Heart Revolution The AI Revolution
Semiconductors are playing a pivotal role in the artificial intelligence (AI) revolution. These tiny chips are the brainpower behind AI models, enabling everything from natural language processing to complex data analysis. And at the forefront of this technological surge is Nvidia, which has become synonymous with cutting-edg. Ne GPU (graphics processing unit) technology. Over the […]Read More