AMD

Pressure Intensifies for Software Stocks – The Market Breadth

pressure intensifies for software stocks - the market breadth

Stock Market Analysis Summary Mounting pressure on software stocks stands out as weakening market breadth coincides with multiple key technical breakdowns. A neutral stance remains appropriate as market breadth continues to deteriorate, offsetting selective AI-driven strength in semiconductors and small caps. Buying decisions stay highly selective, with technical confirmation guiding risk while bearish signals continue … Read more

Cracks Wide Open in the Stock Market – The Market Breadth

cracks wide open in the stock market

Stock Market Analysis Summary Market liquidity fears intensified across equities and crypto as market breadth continued to deteriorate. The major stock market indices confirmed bearish technical breakdowns. Major AI and tech stocks confirmed weakening momentum. The week ended with a relief rally after rate-cut expectations surged with Fed Governor Williams teasing a possible December easing. … Read more

In Search of Reasons to Hold Advanced Micro Devices

Advanced Micro Devices (AMD) soared on news of a big deal with OpenAI but has yet to close at a new all-time high.

Exactly one month ago, I explained I would stick with Advanced Micro Devices (AMD) despite disappointing weakness in shares. I looked through the short-term bearish signal of a technical breakdown (below the 50-day moving average (DMA)) and pinned my expectations on AMD continuing to catchup with a red hot, AI-driven semiconductor industry. When AMD soared … Read more

A Tentative Market Celebration for Slowing Employment – The Market Breadth

a tentative market celebration for slowing employment

Stock Market Commentary In a flashback to August’s opening trading salvo, September trading started with a sharp pullback. The decline fit the standard theme of “professional” traders and investors returning from summer vacations to take profits from a market levitating on low volume vapors. However, sensing redux price action, the market’s persistent buyers jumped right … Read more

Market Breadth Revival Ushers In Fresh Bullish Momentum – The Market Breadth

market breadth revival ushers in fresh bullish momentum

Stock Market Commentary Inflation grabbed the headlines last week, but market breadth was just as important for the stock market. With financial markets initially feeling good about the CPI report, buyers rushed for laggard stocks and created a market breadth revival for two days. The abrupt sentiment shift nearly eliminated all my concerns about a … Read more