CNN Fear and Greed Index

Is the Stock Market Oversold Enough Following Fresh Bearish Milestones? – The Market Breadth

Oversold enough? AT50 (MMFI) is speeding toward the oversold threshold.

Stock Market Commentary April showers have arrived in the form of stockdrops instead of raindrops. After a near relentless push higher every month since November, the S&P 500 is down 4.4% month-to-date. Both the S&P 500 and the NASDAQ have confirmed bearish breakdowns and the ETF of small caps, IWM, is again in a bear … Read more

How to Trade A Bear Market Intrusion On An Oversold Period – The Market Breadth

bear market intrusion

Stock Market Commentary A bear market intrusion upset the dynamics of this oversold period. The NASDAQ is back in bear market territory. Both the NASDAQ and the S&P 500 broke down below their respective 200-day moving averages (DMAs) (the blue line in the charts below) and entered “correction” territory which is 10% below the 52-week … Read more