Q3 Takes the Q2 Baton of Notable Divergence – The Market Breadth

Q3 Takes the Q2 Baton of Notable Divergence – The Market Breadth (Credit: Richard Schneider, Baton Pass Flying at 120 mph on Flickr)

Stock Market Commentary The second quarter of the year ended with notable divergence. The third quarter picked up where the second quarter left off. Q3 took the Q2 baton of notable divergence, sending big cap stocks ever higher while leaving most of the market further behind. The jobs report seemed to be strong enough and … Read more

A VIX Follow-Through Confirms Bearish Signal – The Market Breadth

bear market breakthrough (Credit: Breakthrough by -RobW- from Flickr)

Stock Market Commentary Last week was a week like few other for the volatility index, the VIX. In my last Market Breadth I made the case for the VIX mattering again. A VIX follow-through demonstrated even more strength and resilience. The resulting closing high for the year is a firmer bearish signal for the stock … Read more

No Worries As Volatility Rewinds to the Start of 2022 – The Market Breadth

no worries (Credit: david-o.net on Flickr)

Stock Market Commentary: Last week I described how to reconcile a stock market that was both complacent and oversold. The stock market proceeded from there to double down on complacency while rebounding from “close enough to oversold” levels for market breadth. Traders are showing no worries as the volatility index (VIX) plunged to levels last … Read more