Fades Press On Market Supports Ahead of the Election – The Market Breadth

fade (Credit: Hercules Wrestling the Bull by carfull...from Wyoming on Flickr)

Stock Market Commentary Fades were on display, especially on Thursday, as the stock market showed signs of exhaustion. Bad news in and for the semiconductor industry seemed to motivate sellers. For example, earnings for Microsoft (MSFT) and Meta Platforms (META) seemed to release some steam on hyped expectations for the AI chips both companies will … 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

How Price Action Can Betray Good News: Stock Spotlight TWLO and FVRR

How Price Action Can Betray Good News

I am a strong advocate for paying attention to the message in price action. In this blog, I recount example after example of how and why price action matters for both short-term trades and long-term investments. One of my favorite suspects is non-confirming price action, especially when negative price action betrays good news. When a … Read more