BAH

Market Calm Shattered – Tariff Shock Hits S&P’s Critical Support – The Market Breadth

AT50 (MMFI) confirmed overbought resistance and closed the gap higher from the China trade war ceasefire. This rejection is bearish by itself but support for the indices remains intact.

Stock Market Commentary A market calm emerged thanks to a pause on reciprocal tariffs and then a ceasefire in the US vs China trade war. This market calm shattered as a new tariff shock came in the form of President Trump threatening the European Union (EU) with a 50% tariff while at the same time … Read more

Key Endorsements for the 2023 Run-Up In Stocks – The Market Breadth

endorsements (Credit: Air salute by The U.S. Army on Flickr)

Stock Market Commentary: The summer of loving stocks may have begun. In a list of debt ceiling winners and losers, Vox failed to list the stock market as one of the biggest winners. The lingering and residual angst accompanying the manufactured drama of the debt ceiling released its hold on the market’s bias to go … Read more