iShares China Large-Cap ETF

Stocks Rush Back to Overbought Despite Powell’s Fresh Inflation-Fighting Warnings – The Market Breadth

rush back (Credit: Oskar running in the snow II by Tambako the Jaguar from Flickr)

Stock Market Commentary: Social unrest from fresh COVID lockdowns in China are already a distant memory for the U.S. stock market. Just as quickly as the stock market bearishly failed once again to hold overbought trading conditions, market breadth flipped the script to surge and rush back to overbought. Buyers and bulls celebrated a speech … Read more

Post-Fed Confusion: To Rally or Not to Rally – The Market Breadth

confusion (credit: Confused Yet? by Random Retail on Flickr)

Stock Market Commentary: The latest jobs report came on the heels of another post-Fed downer. The U.S. added 261,000 jobs but the unemployment rate ticked up from 3.6% to 3.7%. At the open, the market seemed to celebrate the potential implications for looser monetary policy despite the microscopic change in the unemployment rate. China delivered … Read more