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NVDA, arguably number 1 tech stock…breaks out beautifully and fails the next day. Hmm! 10 year yield even higher. BLK, BX, KKR… Another bad a/d day. More new lows than new highs.

DOW reversed 400 points to finish in the negative yesterday but the story was the gap to the upside in the semis. SEMIS up again this morning. NVDA up $3.65 as we write this. This will open it above the highs. BUT IT MUST STICK. The CEO said a lot of things last night in…

Let’s hope today was lift off for the SEMIS. One day doesn’t make a move but technically, a good move. The DOW reversed to finish in the red. Not good for the DOW. Tomorrow another day. Plenty of areas still crappy. Staples and defense deepened their bear phase. Homebuilders also. A/D on NASDAQ flat with…