Richard Naso breaks down a market still led by technology and semiconductors, while weaker breadth and pressure in high-yield credit raise questions about the strength of the broader rally. This week’s Floor Lines also examines the latest U.S. jobs report, the growing momentum around quantum computing, and the key market signals Richie is watching in the week ahead.
Richie Naso breaks down the latest market action, from strength in the Nasdaq and semiconductors to weaker small caps and high-yield credit. He also looks at rising margin debt, Meta’s recent rally, and the key economic data that could shape the market heading into October.
Bob Iaccino explains how he uses multi-timeframe analysis — not to find trades, but to check that nothing on a higher timeframe is sitting between his entry and his target.
The Dow had a difficult week, falling 890.65 points, or 1.7%, to 51,682.64. That was the Dow’s third consecutive weekly decline and its worst week since March. Friday added to the pressure, with the index falling another 95 points, or 0.18%.
The Dow had a difficult week, falling 840.96 points, or 1.6%, to 52,573.29. It was the Dow’s worst weekly performance since March, despite a strong rebound on Friday.
Bob Iaccino explains what separates a high-probability breakout from a false one — why confirmation of the retest is the real signal, where the stop belongs, and the three entry points most traders get wrong.
The Dow had a slightly negative week, finishing at 53,414.25 — down 0.51% on Friday and about 0.3% for the week. The big story was interest rates. The week started with some weakness, followed by a strong Thursday rally as Fed Governor Christopher Waller suggested rates could potentially be held steady if inflation continues to ease.
A scanner tech stack is the combination of data feeds, filters, alerts, and timeframes a trader can layer into a single screening system. Instead of acting on one indicator in isolation, a well-built trading stack typically includes a signal to confirm across multiple conditions and timeframes before you commit capital. No single tool gets you there — the edge is in the architecture. Here’s how to build effective scanner setups for technical screening, layer by layer.
A short locate is the process of confirming that shares of a stock are available to borrow before a short sale is placed.
When you short a stock, you're selling shares you don't currently own. Before your broker can accept the short sale, it must make a reasonable determination that those shares can be borrowed and delivered for settlement.
The Dow had a relatively resilient week, gaining about 0.5% and closing Friday at 53,559.99. That was notable because Friday’s market reaction to Fed Chair Kevin Warsh’s Jackson Hole comments pushed stocks lower, but the Dow still managed to finish the week in positive territory.