What John Howell said in this video:
- Otherneutralshort-termHe says the Nasdaq, Dow and S&P 500 have been stuck in ranges, which signals a coming large move in the markets that could be either down or up.Source
- SPYneutralshort-termHe says the S&P 500 remains range-bound with neither buyers nor sellers in control; an upside break could reach the 8,100–8,200 area while a breakdown could reach the low 7,000s, so he gives no firm direction.Source
- QQQneutralshort-termHe says QQQ is also in a consolidation/downward leg and that a downside break could set up a big move, but he does not state a firm directional call or price.Source
- Market BreadthneutralHe says the same stagnant, directionless condition has been happening across all stocks, pointing to broad market indecision.Source
- DIAneutralHe says DIA has been stuck in no man's land between a major support area and a high point, leaving it without a clear directional call.Source
- OtherneutralHe groups AI-related stocks with large technology names and says they have basically not been doing much, implying a directionless consolidation.Source
- GOOGLneutralHe includes GOOGL among the AI-related mega-cap names and says those stocks have basically not been doing much.Source
- NVDAneutralHe lists NVDA among AI and mega-cap names that have basically not been doing much, without giving a directional call.Source