SMCI

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

A Critical Long-Term Trend Line Emerges As Stocks Near Oversold Conditions – The Market Breadth

The NASDAQ (COMPQ) rebounded from its 200DMA support and salvaged a 3.4% loss from a 6.3% loss.

Stock Market Commentary Be ready so that you don’t have to get ready. A perfect storm of fears converged upon the market at today’s open. Recession fears, deleveraging from the end of the carry trade, and perhaps even fresh geopolitical fears from the Middle East, spun the market even further off the road. Retail brokerage … Read more

More Red Flags After the Stock Market Moves in Chunks – The Market Breadth

More Red Flags After the Stock Market Moves in Chunks

Stock Market Commentary I hate to be one of THOSE bears, but this current wild stock market has turned me into the classic broken record of bearishness. Last week’s red flags consisted of mind-boggling price changes in certain stocks both up and down. Stocks should not move in big chunks at a time, sometimes for … Read more