A Defiant Fed, Unrelenting Bulls – The Market Breadth

A Defiant Fed, Unrelenting Bulls – The Market Breadth

Stock Market Commentary The Federal Reserve took the stage right after the U.S. presidential election. The Federal Reserve and Fed Chair Jerome Powell delivered as expected. The unrelenting bulls had no reason to stop the momentum from the post-election rally. Powell stuck to the Fed’s script and unrelenting bulls kept charging. The uneventful meeting had … Read more

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

Little Time to Rest for the Oversold Bounce – The Market Breadth

little time to rest (Credit: animal-tigers-running-wallpaper-3 by Farmington Strength on Flickr)

Stock Market Commentary Downtrends are over. Bullish breakouts abound. Sellers got one chance last week to try to keep the cork in the bottle of the oversold bounce, but they failed. The stock market insisted on pushing right through. With little time to rest, the S&P 500 and the NASDAQ ended the week with major … Read more