A Return to the Giddy Anticipation of Rate Cuts – Market Breadth

A Return to the Giddy Anticipation of Rate Cuts - Market Breadth (Credit: Reuters)

Stock Market Commentary The stock market poetically swung from the depths of despair with a seasonal September drawdown to a sharp rebound in giddy anticipation of rate cuts from the Federal Reserve on Wednesday. The highly anticipated meeting has the potential to set the market’s tone for the remainder of the year. If Chair Jerome … Read more

A Simple, Quiet Breakout for the Stock Market – The Market Breadth

A Simple, Quiet Breakout for the Stock Market - The Market Breadth

Stock Market Commentary I saw a simple test for distinguishing bearish and bullish signals after META’s post-earnings swoon last month. A quick rebound following failed tests at resistance complicated the picture. The price technicals and dynamics returned to simple as a synchronized yet quiet breakout unfolded last week across the S&P 500 and the NASDAQ. … Read more