DAVA

The Magic of All-Time Highs – The Market Breadth

The Magic of All-Time Highs - The Market Breadth

Stock Market Commentary Last week delivered the magic of all-time highs. Another all-time high for the S&P 500 and the NASDAQ’s entry into the all-time high club provided a benign feel to the stock market. Financial markets even look like a safe haven from all the turmoil and trouble in the world. Investors and traders … Read more

Overbought Conditions In Peril As New Year Weakness Continues – The Market Breadth

Overbought Conditions Continue Despite On-Going Weakness - The Market Breadth

Stock Market Commentary As new year weakness continues in the stock market, a serious tension has emerged in the message of the market between profit-taking versus a sustained top. An extended overbought period raises the stakes for the resolution of this tension. As long as the stock market remains overbought, I will assume the current … Read more