Subscribers to Chart of the Week received this commentary on Sunday, November 9.This past week Wall Street saw another tech rout, as AI valuation concerns dominate earnings calls. This overdue tech reckoning may be daunting to investors that have grown accustomed to parabolic stock moves. The antidote is out there though, a tried-and-true component of Schaeffer’s Expectational Analysis; chart support combined with bullish seasonality.Per data from Schaeffer’s Senior Quantitative Analyst Rocky White, two hig ...

The stock is second on the list of the White's best S&P 500 (SPX) stocks to own in the second quarter, going back 10 years. The equity managed nine second-quarter wins during this period, averaging a hefty 12.1% gain. Amazon.com Inc (NASDAQ:AMZN) is headed for a 10.6% monthly drawdown in March, after a 10.7% drop in February. The blue-chip e-commerce giant hasn't logged back-to-back double digit monthly losses since 2011. Now trading at $189.78, at their lowest levels since October, the shares have taken a ...