No Deal for a Confirmation of the Market Breadth Breakout – Above the 40 (June 4, 2021)

Stock Market Commentary I fully anticipated follow-through to the breakout of market breadth that started trading last week. Instead, trading on the major indices wavered going into a mini pullback on Thursday. As a result, Friday’s rally following the May jobs report failed to generate a confirmation of the market breadth breakout. With job creation … Read more

Small Cap Stocks Lead Important Breakout for Market Breadth Indicator – Above the 40 (June 1, 2021)

Stock Market Commentary A meme rush pushed the stock market toward summer trading. A breakout for market breadth launched summer trading. Small cap stocks appeared to lead the way even as the S&P 500 and the NASDAQ wilted for the close of trading. The divergence still leaves the stock market poised for an eventual rendezvous … Read more