RH

Pressure Intensifies for Software Stocks – The Market Breadth

pressure intensifies for software stocks - the market breadth

Stock Market Analysis Summary Mounting pressure on software stocks stands out as weakening market breadth coincides with multiple key technical breakdowns. A neutral stance remains appropriate as market breadth continues to deteriorate, offsetting selective AI-driven strength in semiconductors and small caps. Buying decisions stay highly selective, with technical confirmation guiding risk while bearish signals continue … Read more

Overbought Conditions End with Fresh Market Risk – The Market Breadth

overbought conditions end with fresh market risks

Stock Market Commentary The stock market’s fearless streak met fresh geopolitical headwinds that significantly raised the risk quotient. Tensions surged as Israel bombarded Iran’s nuclear infrastructure and Iran retaliated, spiking oil prices and triggering a market sell-off that, while sharp, could have and should have been a lot worse. This fresh market risk is a … Read more

A Market Breadth Breakdown Belies Tech Strength – The Market Breadth

A Market Breadth Breakdown Belies Tech Strength – The Market Breadth (Source: Kecko on Flickr at https://www.flickr.com/photos/70981241@N00/16394025055)

Stock Market Commentary Inflation was the big story last week. I covered the details in “Bonds Try to Weigh on A Market Trying Harder to Look Past Stabilizing Inflation“. The stock market had a curiously mixed reaction that highlighted an on-going bearish divergence for the month of December. A market breadth breakdown contradicted impressive strength … Read more

T2108 Update (August 19, 2016) – A Stubborn Market Disparity and Potential Big Catches for Bottom-Fishers

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more