Pressure Intensifies for Software Stocks – The Market Breadth

pressure intensifies for software stocks - the market breadth

Stock Market Analysis Summary Mounting pressure on software stocks stands out as weakening market breadth coincides with multiple key technical breakdowns. A neutral stance remains appropriate as market breadth continues to deteriorate, offsetting selective AI-driven strength in semiconductors and small caps. Buying decisions stay highly selective, with technical confirmation guiding risk while bearish signals continue … Read more

The Melt-Up Continues As Rate Cuts Beckon – The Market Breadth

the melt-up continues as rate cuts beckon - the market breadth

Stock Market Commentary The stock market leaned into a melt-up as a constant stream of IPOs signaled risk-on appetite even as a massive downward revisions in jobs in the 12 months through March, 2025 implied more than expected economic weakness ahead. Rate cuts beckon as a result of this broadening weakness, and Wall Street has … Read more

Bearish Divergence Going Into Seasonally Weak Months – But Does It Matter? – The Market Breadth

bearish divergence going into seasonally weak months - but does it matter - the market breadth

Stock Market Commentary A bearish engulfing top pattern in the S&P 500 now seems like a distant memory. Yet, the melt-up in the stock market faces a new test. Just as the stock market enters its most dangerous months of the year in terms of drawdowns, a bearish divergence has emerged with market breadth. What … Read more

Overbought Trading Conditions, Yet Still Bullish – The Market Breadth

Overbought Trading Conditions, Yet Still Bullish

Stock Market Commentary We made it through another week without any major negative headlines impacting the stock market. Although late-breaking news took futures down due to Moody’s dropping the U.S. from its top credit rating, marking the loss of the last top-tier assessment of U.S. government debt, I expect the market impact to be minimal. … Read more

Rate Cut Fears Spin Market Rotation Off the Road – The Market Breadth

Rate Cut Fears Spin Market Rotation Off the Road - The Market Breadth (Credit: Torrenegra https://flic.kr/p/d2eFsh)

Stock Market Commentary Welcome to the start of the stock market’s three most dangerous months of the year. A weak jobs report for July helped to send market sentiment into a sharp reversal. The bad economic news suddenly turned the prospect of rate cuts into something to fear. These rate cut fears spun the market … Read more