ClearValue Team Insights
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Tench Coxe: Remember the Name
Nvidia Director Tench Coxe perfectly timed the $NVDA peak on Mar. 5, 2024 when he sold $170 M worth of NVDA shares. I thought that Coxe does a great job timing his sells, and Coxe recently sold again on June 7, 2024. Coxe has successfully timed another peak, and has a tendency to sell slightly […]Read More
IWM Starting to Show Some Bullish Momentum
IWM has been trading sideways between the light blue support line and the red resistance zone. There is some bullish momentum forming and IWM could start an uptrend here. The price is above $200 again, and I would monitor for a break above $210.44 for IWM to start a rally for small cap stocks. ChartChamp […]Read More
QQQ Forming a Bullish Rebound
QQQ had a rejection at the white trendline around $486.51, and today there is a brief rebound forming. IWM and small caps are showing more strengths, and there could be a rotation from large market cap stocks to small caps. For QQQ I would monitor the white trendline for potential resistance on the way up. […]Read More