Market Rotation Looks Healthy… But Breadth Sent A Fresh Warning – The Market Breadth

Market Rotation Looks Healthy... But Breadth Sent A Fresh Warning

The Market Breadth Summary Market rotation is improving participation, but a fresh warning from market breadth keeps me cautious. Small caps and defensives are attracting capital while tech weakness quietly undermines leadership. I remain neutral after AT50 reversed from overbought levels, issuing a fresh warning despite bullish index trends. The disconnect between strong indices and … Read more

Market Breadth Fades After Small Caps Lead Breadth Breakout

market breadth fades after small caps lead breadth breakout

The Market Breadth Summary Small cap stocks led a market breadth breakout, then faded just short of overbought, leaving me encouraged by momentum but wary of a near-term pullback. The S&P 500 ground to fresh highs, while the NASDAQ lagged by stalling at prior peaks. A clean breakout still awaits for the NASDAQ. CES-driven leadership … Read more