The semiconductor stalwart Intel (INTC) has had an amazing increase in price since last August, more than tripling in price. I would like to humbly point out, however, that the price ascent is doing a beautiful tag of the broken trendline, much like it did in December 2023………..preceding a long slog lower!
The 440% price increase for Avis Budget (CAR) in the span of a few weeks is one of those things they’ll be writing about in financial history books decades from now.
This is just………..bonkers.
As a real-life example of a missed traded due to being practically hamstrung with the lunacy of this market, may I present to you Netflix:
It’s been a rough six days. I’m not just talking about the market. I’m also referencing a technical issue I’ve been grappling with which has involved my most intense problem-solving skills. Between that and this insane market, I’m ready to grab my knees, sit in a corner, and rock back and forth.
Yet I suppose I’ll just type this post instead.
Remember how crazy I was about Platinum last year? I think this fella’s about to take a hard turn lower.
