S&P Attempts Recapture Major Chart Level, Semiconductor ETF Nears Epic Resistance, JPM Analysis
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Gareth begins by breaking down the S&P 500, alerting investors to its current attempt to recapture critical technical support. He frames this move as a potential show of strength that could precede the upcoming major earnings reports.
Next, the focus shifts to the VanEck Semiconductor ETF (SMH). Gareth dives deep into the SMH chart, explaining his expert view on why the currently hot semiconductor trade might be "about to slam into a brick wall", providing a crucial cautionary perspective for investors.
Finally, he analyzes JPMorgan Chase (JPM), offering his expert analysis on the stock's probable near-term and long-term trajectory.
A Hidden Gem Opportunity - The video concludes with Gareth revealing a hidden gem stock that is currently trading near its 52-week lows but is showing technical signs that it is poised for a significant move upward.
Video Length: 00:12:26
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