More Red Flags After the Stock Market Moves in Chunks – The Market Breadth

More Red Flags After the Stock Market Moves in Chunks

Stock Market Commentary I hate to be one of THOSE bears, but this current wild stock market has turned me into the classic broken record of bearishness. Last week’s red flags consisted of mind-boggling price changes in certain stocks both up and down. Stocks should not move in big chunks at a time, sometimes for … Read more

A Gathering Storm of Confirmed 50DMA Breakdowns Fail to Trigger Oversold Signal – Above the 40 (October 30, 2020)

Stock Market Statistics AT40 = 26.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 44.5% of stocks are trading above their respective 200DMAs (8-month high) VIX = 38.0 Short-term Trading Call: cautiously bullish Stock Market Commentary A little over a week ago, the stock market looked poised to launch higher … Read more