Retail Stocks Underline Market’s V-Shaped Recovery from Calamity – The Market Breadth

The S&P 500 (SPY) has made a near full recovery back to all-time highs, bouncing back from the early August calamity.

Stock Market Commentary The stock market’s V-shaped recovery finished reversing most of the losses from the August calamity. Small caps are once again the laggards. During this recovery the market swung from recessions fears to recession relief. The prospects for interest rate cuts no longer seemed to matter on either side of the V-shape. The … Read more

Q2 Ends As A Quarter of Notable Divergence – The Market Breadth

AT50 (MMFI) continues to churn, failing to fall further below its low of the month.

Stock Market Commentary In Q2, the S&P 500 (SPY) enjoyed a 2-month rebound from an April sell-off. The index ended Q2 with a 3.9% gain. The stock market as a whole ended Q2 with a notable divergence in which market breadth, long maligned for the quarter, suddenly improved despite bearish topping patterns appearing on both … Read more