The semiconductor sector was losing ground on Wednesday following a report the U.S. government may ban the export of artificial intelligence chips to China to curb its technological advancements.
AMC Entertainment Holdings, Inc (NYSE: AMC) was popping slightly higher on Tuesday, consolidating after plunging over 20% between June 14 and June 23 ahead of a proposed settlement with shareholders, involving the conversion of AMC Preferred Equity Units (APE)
Last week’s Chart of the Week looked at Large Traders getting long natural gas, and the commodity has continued to move higher - rising 6.9% on yesterday (Monday). This week’s chart looks at the other side of the coin, showing a heavy degree of selling in the energy sector, specifically energy ETFs.