Global Trends

The Dollar Bull

The World Index drops to a ByteTrend Score of 4 in USD after a brutal Friday, which saw the SOX fall by 10.3% on the day and 4.7% over the week.

Jun 8 • ByteTree

Flying on Semiconductors

This week, we highlight the country, sector, and industry charts. The divergence of the leaders has run wild. Emerging trends are still rising, but bear…

Jun 1 • ByteTree

Hardware or Nowhere

The number of stocks beating this market continues to decline. Outside of Technology Hardware, little is happening.

May 26

Risk-OFF Resumes

Higher energy prices have led to inflation, which is sinking the bond market. The longer this continues, the worse it will become.

May 18 • ByteTree

The concentration is narrow, and the market is once again resembling the behaviour seen in the late 1990s. It feels late in the day to chase chips.

May 11 • ByteTree

Hot War Resumes

The leadership is thinning, but this still looks like a bull market. The primary risk is the oil price.

May 5 • ByteTree

A Bull Market with Narrow Leadership

We are back to a market with a few winners and many losers. Notably, 47.5% of all stocks are in relative downtrends, and just 19.5% in uptrends.

Apr 27 • ByteTree

Open or Closed?

NVIDIA, Alphabet, Amazon, Broadcom, Taiwan Semi, Samsung, SK Hynix, Micron, and AMD made 30-week price highs. This is a strong turnaround.

Apr 20 • ByteTree

After a bout of optimism last week, there is now a US blockade in the Straits of Hormuz, which has sent the oil price higher.

Apr 13 • ByteTree

WTI Breaks $100 to Catch up with Brent

WTI (US oil) is the political hot potato. The $100 level has been broken; announcement incoming.

Mar 30 • ByteTree

Nothing Good Happens Below the 200-Day Moving Average

Mar 23 • ByteTree

Global Equity Caution Seems Prudent

Breadth is now deteriorating for the second week in a row. Fewer stocks are rising in local currency terms, while new downtrends are developing.

Mar 16 • ByteTree

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