LZ

Apple Drags A Mixed-Up Market Higher – The Market Breadth

apple drags (Credit: astronomy_blog on Flickr)

Stock Market Commentary: In the previous week, the stock market put on a display of strength ahead of the Federal Reserve’s May decision on monetary policy. That bravado was temporarily undermined by the final blow to First Republic Bank (FRC). After a one-day pause, presumably to contemplate the implications of the lack of a coherent … Read more

Wake Me Once the Market’s Sleepwalking Ends – The Market Breadth

sleepwalking (Credit: Photocapy on Flickr)

Stock Market Commentary: The no worries stock market is sleepwalking its way through April. The major indices are stuck in tight ranges near or at key technical resistance and support levels. Yet, market breadth remains relatively low as many of the big market leaders hold up the tent. Meandering economic data induces some of this … Read more