A Red Flag Pullback from the Edge of A Fresh Breakout – The Market Breadth

A Red Flag Pullback from the Edge of A Fresh Breakout – The Market Breadth (Credit: Alexey Ivanov, https://www.flickr.com/photos/39824826@N08/9705943143)

Stock Market Commentary The stock market looked ready to follow through on leaving its troubles behind. The S&P 500 even made a new all-time high. Everything seemed to fall apart on Friday. The final release of consumer expectations as measured by the University Michigan confirmed earlier preliminary numbers: inflation expectations soared and consumer sentiment tanked. … Read more

An Oversold Dilemma for the Stock Market – The Market Breadth

oversold dilemma (Credit: Google Workspace Labs, AI-generated)

Stock Market Commentary It was an unfavorable day in the stock market, as I anticipated in “Small Cap Stocks Uncork Oversold Conditions.” The following post is a summarized transcript of a “show and tell” video I posted to talk through the accumulating extremes in this oversold market. I used ChatGPT to help with the clean-up. … Read more

Back to the Regularly Scheduled Stock Market Melt-Up – Above the 40 (July 10, 2021)

Stock Market Commentary The stock market melt-up took a one day break. The signs of trouble were ever more clear ahead of the break. Something was wrong with the picture in the stock market. Yet, sellers could barely follow through. The S&P 500 stumbled with a gap down, but buyers stepped right back in at … Read more