The Next Market Melt-Up: Big Winners and Sorry Stragglers – The Market Breadth

next market melt-up - big winners and sorry stragglers

Stock Market Commentary The protracted shutdown of the U.S. Federal government has dragged past three weeks and Federal workers have now missed their first paychecks of this battle. The stock market rallied to an all-time high when the shutdown started, and it certainly seems to care even less after recovering from a 1-day mini panic … Read more

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

Q3 Takes the Q2 Baton of Notable Divergence – The Market Breadth

Q3 Takes the Q2 Baton of Notable Divergence – The Market Breadth (Credit: Richard Schneider, Baton Pass Flying at 120 mph on Flickr)

Stock Market Commentary The second quarter of the year ended with notable divergence. The third quarter picked up where the second quarter left off. Q3 took the Q2 baton of notable divergence, sending big cap stocks ever higher while leaving most of the market further behind. The jobs report seemed to be strong enough and … Read more

Stock Bulls Taunt Suddenly Hesitant Bears – The Market Breadth

Stock Bulls Taunt Suddenly Hesitant Bears

Stock Market Commentary A decisive end to the extended overbought period signaled the arrival of bearish conditions last week. Bears boldly sold for one more day before a “stock bulls taunt” forced suddenly hesitant bears into a partial retreat. A sharp market divergence is now taking hold. While the major indices rallied off support and … Read more