Bears Signal Readiness to Bow Out – The Market Breadth

Bears Signal Signal Readiness to Bow Out

Stock Market Commentary After just acknowledging politics could deliver on-going surprises for traders and investors, both up and down, I certainly did not expect the first day of trading after that post to confirm my assessment. On Sunday, President Biden bowed out the 2024 Presidential campaign and endorsed VP Kamala Harris. The stock market greeted … Read more

Historic Tech Outage Punctuates the End of Overbought Conditions – The Market Breadth

Historic Tech Outage Punctuates the End of Overbought Conditions – The Market Breadth

Stock Market Commentary Last week ended with an historic tech outage that took down operations around the globe. This event was a poetic punctuation to a week that featured a sharp and toppy end to overbought conditions. The stock market’s tech outage features blow-off tops, double-tops, and some key breakdowns in individual stocks. Still, while … Read more