A Breakout Week Ends with A Key Setback – The Market Breadth

key setback (Credit: Levee L550 Upper Breach Aerial of Setback Construction 4 by OmahaUSACE on Flickr)

Stock Market Commentary The stock market pushed into overbought conditions last week. After one follow-through day, small caps wilted and dragged down market breadth toward the overbought threshold. That key setback raises the stakes of the current earnings period. I will try to look through the likely “chop” in the trading action, to identify on-going … Read more