The Stock Market Breezed Through August and Strolls Into September – The Market Breadth

Stock Market Commentary The stock market breezed through August and now strolls into September. The S&P 500 breezed to a 2.9% gain for the month of August, its seventh month in a row of gains. The NASDAQ breezed even higher with a 4.0% gain for August. The stroll into September ignored the disappointment in the … Read more

Stock Market Battle Royale: Regime Change Or A Big, Bad Bubble? – Above the 40 (January 26, 2021)

Stock Market Commentary After the stock market ended its last overbought period, I hesitated to drop my short-term trading call back to bearish. Three days later and the market has yet to snap back into overbought trading conditions. As the major indices levitate, my favorite breadth indicator, AT40 (T2108), the percentage of stocks trading above … Read more