Stock market and technical analysis: it is a green day, semiconductors ripped double digits, and Tim Knight is down about 3.9% on the session. But the perma bear held every short and added more, treating the bounce back into broken trend lines as opportunity. Arm jumped 10%, Lite 12%, Marvell 5.6%, all sealing gaps he thinks fade. He also flags American Bitcoin down 97% one year after going public, a re-weakening STRC and MSTR, crude oil rolling over inside its right triangle, and new short setups in Chinese names BABA and BIDU. His five January put positions with Costco leading.
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Chapters
00:00 A green day, down 3.9%, holding the shorts
01:44 DIA and IWM have not broken their uptrends
02:29 EWY South Korea: new short into the bounce
03:24 China F...