ClearValue Team Insights
Stay ahead of the curve by accessing the most recent insights from our expert team. Dive into comprehensive analyses and timely updates covering a spectrum of investment-related news and events.
CHWY False Breakout After RoaringKitty Announcement
RoaringKitty has been pumping and dumping every stock that he’s associated with. Recently RoaringKitty announced a $200 million+ position into CHWY and the price formed a bullish breakout above the green trendline. I think the price is retesting the trendline here, and this is not a bad entry. However, the seasonality is bearish for the […]Read More
QQQ Facing Resistance Near ATHs
The stock market is being driven by an AI bubble, and there are some concerns that the AI bubble could pop soon. I personally don’t think that is the case, but this is a key narrative being discussed. Nvidia became the largest publicly traded stock for a brief moment, which has an eerie similarity to […]Read More
SPY Resistance Turned to Support
SPY has been facing resistance at this key white resistance line dating back to Nov. 2022. This week SPY is attempting to flip this resistance line into support. I would carefully monitor $542.50 to make sure the price holds above support here. The last time SPY didn’t successfully hold so it is possible for the […]Read More