Damage from the AI Trade Weighs on Market Breadth

The Percent of Stocks Above 50 Day Average (AT50) gapped to a 3-week high before fading sharply to a loss that maintained the primary downtrend.

The Market Breadth Summary The Stock Market Summary Damage from the AI trade drove the NASDAQ to its worst weekly decline since June. A convergence of events and headlines has brought the market to another critical juncture, this time in the last of the stock market’s most dangerous months of the year. The renewed tech … Read more