Break out, advance, consolidate. Break out, advance, consolidate. Rinse and repeat. That is the classic behavior of a multi-year bull market. Prices move into new, higher territory (the breakout), the trend rallies and makes the longs a lot of money (advancement), and then the trend takes a breather, moves sideways, and digests the gains (consolidate).
AI bulls can start 2026 with a spring in their step. After all, the VanEck Semiconductor ETF (SMH) is trading at an all-time high, and they are winning the great “AI Boom or AI Bust” debate.
This morning’s review of our Global Trend Tracker shows it’s been tough to make money in most sectors lately. Semiconductors, robotics, oil, bitcoin, uranium, space, drones, and China are all down over the past five trading sessions.
Robotics stocks are soaring today. It’s virtually raining money on this industry right now. Opportunity is everywhere. So, let’s talk about one of the great secrets of success.