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Bearish Divergence Going Into Seasonally Weak Months – But Does It Matter? – The Market Breadth

bearish divergence going into seasonally weak months - but does it matter - the market breadth

Stock Market Commentary A bearish engulfing top pattern in the S&P 500 now seems like a distant memory. Yet, the melt-up in the stock market faces a new test. Just as the stock market enters its most dangerous months of the year in terms of drawdowns, a bearish divergence has emerged with market breadth. What … Read more

Market Calm Returns Following One-Day Trade Shock – The Market Breadth

The S&P 500 (SPY) confirmed resistance after it moved away from the first post-election close line, failing to confirm a breakout for the second time.

Stock Market Commentary This week brought a return of market calm across the stock market following a sharp but brief trade-induced shock. The episode began with President Trump’s threat of significant tariffs on Europe (and foreign-made iPhones), which rattled the market. However, that fear evaporated after Trump walked back his threats with a 90-day pause … Read more

A Familiar Theme As Indices Leave Latest Troubles Behind – The Market Breadth

Stock Market Commentary Two weeks ago I wrote how a “A DeepSeek Dive and A Tariff Toll” created the next shift in the market’s technical outlook. I stepped back from a bullish position on the market as a result. Now, a familiar theme has unfolded with the stock market looking ready to leave its latest … Read more