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Still On Breadth’s Edge of A Breakdown – The Market Breadth

AT50 (MMFI) closed at 41.4%, holding barely above its prior low, showing short-term market breadth remained fragile at breadth's edge.

Stock Market Commentary The stock market started the week in familiar melt-up mode, supported by a (temporary) thaw in the economic war between the U.S. and China. Optimism persisted until the Federal Reserve weighed in with its latest announcement on monetary policy, when Chair Jerome Powell balked at the idea of a December rate cut. … Read more

A Confident Calm in the Stock Market – The Market Breadth

a confident calm in the stock market

Stock Market Commentary The stock market transitioned from a nervous calm to a confident calm. The NASDAQ and S&P 500 hit fresh all-time highs faster than I could have expected during the depths of the tariff drama, trauma, and noise. Nvidia (NVDA) led the way with a mid-week breakout to all-time highs. The market’s confident calm … Read more