Daily technical analysis of the US and Europe stocks market
Technical analysis: Intel, AMD and Meta stock reignite Wall Street as semiconductor stocks rally and Milan rebounds with its banks
Monday 21 September: semiconductor stocks reignite Wall Street, with Arm up 17%, Intel 12% and AMD 10%, and Meta stock adds 11%. Milan rises 1.77% as Banco BPM and UniCredit lead, Eni slips with crude. Europe's four indices rise but all stay on a weekly sell.
Technical analysis: the SEC lifts crypto stocks as Strategy and Coinbase soar, while Europe slides with Stellantis and the banks
Friday 18 September: the SEC opens the door to tokenized securities and Strategy, Coinbase and Robinhood stock gain 9% to 16%, with Sandisk leading semiconductor stocks. Europe slides as carmakers and banks fall, and all four European indices turn to a sell.
Technical analysis: the day after the Fed, semiconductor stocks lead the rebound with Arm, Intel and AMD
Thursday 17 September: the day after the Fed, Wall Street recovers as semiconductor stocks lead with Arm, Intel and AMD, Nvidia and Microsoft behind them. The S&P 500 withdraws its weekly reversal, and Milan rises again with Poste, Telecom Italia and the banks.
Technical analysis: the Fed hikes, bank stocks and oil stocks fall, chip stocks rise with Intel and Marvell
Wednesday 16 September: the Federal Reserve hikes for the first time since 2023 and Wall Street slips as banks and oil stocks fall. Goldman Sachs and American Express lead financials lower, chip stocks rise with Intel and Marvell, and Milan tops Europe with Prysmian.
Technical analysis: oil stocks rally as crude tops 107 dollars, Circle and Coinbase stock sink before the Fed, and the ten-year yield hits 5%
Tuesday 15 September: the US ten-year yield touches 5% before the Federal Reserve, crude tops 107 dollars and energy is the only sector bought. Circle and Coinbase sink before the Senate crypto vote, European banks lag and the Milan market leads the continent with Eni and Tenaris.
Technical analysis: semiconductor stocks sink and CrowdStrike stock soars on the call to slow down AI, with oil back above 100 dollars
Monday 14 September: the call to slow down AI sinks semiconductor stocks and lifts CrowdStrike and Zscaler more than 13%, Nvidia and Broadcom fall, Oracle hits a two-week low and oil climbs back above 100 dollars, with our model's position on every name.
Technical analysis of the week: Oracle stock gives back its jump, Dell stock hits a record and Wall Street heads into Fed week
The week to 11 September in five sessions: crude above 100 dollars, an ECB hike and in-line US inflation. Oracle stock opens 7% higher and closes lower, Dell stock hits a record, Milan is Europe's only gainer, and our model fires 15 new buys and 33 new sells.
Technical analysis: the ECB hikes, semiconductor stocks pay for higher yields and Oracle stock jumps after hours
The ECB hikes and the market prices a Fed hike after hot producer prices. CoreWeave falls 6.13% and Nvidia 2.37% as yields climb, then Oracle stock jumps 7% after hours on record results. In Milan Lottomatica rises 5.44% and Intesa backs its MPS offer.
Technical analysis: why the stock market is down today, one green sector out of twenty, Eni stock rises as defence collapses
The Strait of Hormuz pushes Brent above 101 dollars: one green sector out of eleven on Wall Street. Cloudflare stock up 10.51%, Meta stocks up 6.55%, Vertiv down 9.61% and Apple flat on its own event day. On the Milan market Eni gained 1.91% while Leonardo lost 4.00%.
Technical analysis: the FTSE MIB turns to sell after 21 weeks, energy leads, US healthcare collapses
The US 10-year towards 4.8% flips the rate outlook: a hike is now priced for 16 September. Energy first, healthcare last, with Amgen stock down 10.08% and Baidu down 6.96% on 96.6% buy-side volume. And the FTSE MIB has turned to sell, closing at 12.20% after twenty-one weeks.
Technical analysis: Wall Street reopens after Labor Day with oil at six-week highs, and Infineon stock jumps 6.91%
Wall Street shut for Labor Day and the stage passed to Europe. Infineon stock jumped 6.91% on its C2i acquisition, Eni and Tenaris rose with crude at six-week highs on Hormuz, and the Milan market ran to the Poste-TIM deadline. On the FTSE MIB our model opens a sell signal.
Technical analysis: US jobs data flips 28 weekly signals to sell, Volkswagen stock jumps on restructuring plan
US jobs data flips 28 weekly signals to sell and 21 to buy. Volkswagen stock jumps 6.47% on its restructuring plan, Sandisk stock gains 11.90% on the memory cycle, Tesla stock drops 5.92% on a flat event and a fresh probe. Thirteen Brazilian names turn to buy in a single week.
Technical analysis: Snowflake stock jumps 16.55% on strong guidance while Broadcom slips despite beating estimates
A second session of gains with Europe on board: daily buy signals jump from thirteen to forty-eight. Snowflake stock climbs 16.55% on strong guidance while Broadcom slips 2.74% despite beating estimates. Strategy and Robinhood stocks both add more than sixteen percent as financials lead.
Technical analysis: Broadcom's beat falls short, Dell stock jumps 15.81% while Credo drops 20%
Wall Street snaps three losing sessions on a truce in the bond selloff, Europe does not follow. Dell stock jumps 15.81% on earnings, Credo Technology stock loses 20.04%, and Broadcom is punished after the bell despite 86% revenue growth. In Milan, STMicroelectronics leads.