PLTR

A Hiccup in the Oversold Bounce from Weak GDP – The Market Breadth

A Hiccup In the Oversold Bounce from Weak GDP - The Market Breadth

Stock Market Commentary The stock market experienced a hiccup in an otherwise strong post-oversold bounce. The Q1 GDP report revealed a small contraction that surprisingly caught the market off guard. However, this contraction was driven primarily by a surge in imports as businesses rushed to get ahead of anticipated tariffs. I assume a lot of … Read more

Not Oversold Enough for My Taste – The Market Breadth

AT50 (MMFI) declined throughout the week with Friday's jump holding the February intraday low as support.

Stock Market Commentary Stock market angst reached a kind of crescendo last week. Poor economic data and bad news – including a plunge in consumer confidence, a 180 degree reversal in the Atlanta Fed’s Q1 GDP growth projection from +2.3% to -1.5%, risk-off trading in cryptocurrencies (apparently due to a massive hack of ByBit), and … Read more

A Familiar Theme As Indices Leave Latest Troubles Behind – The Market Breadth

Stock Market Commentary Two weeks ago I wrote how a “A DeepSeek Dive and A Tariff Toll” created the next shift in the market’s technical outlook. I stepped back from a bullish position on the market as a result. Now, a familiar theme has unfolded with the stock market looking ready to leave its latest … Read more