Market Breadth Remains Broken: The Final Convulsions Before the Stock Market’s Next Melt-Up?

market breadth remains broken - the final convulsions before the stock market's next melt-up

Stock Market Commentary Last week’s trading had something for almost everyone: volatility, churn, recovery, and a bank scare. A familiar story about renewed U.S.–China trade tensions expanded into a larger mosaic of market stress and resilience. Still, given market breadth remains broken, I see a market skating on the edge. The volatility index (VIX) summarizes … Read more

Market Breadth Yawned As Fed Rate Cut Fuels Continued Melt-Up – The Market Breadth

market breadth yawns as fed rate cut fuels continued melt-up

Stock Market Commentary Last week was billed as another marquee Fed week. While decision day brought a lot of intraday volatility, the churn became a mere speedbump as market breadth yawned and the stock market melt-up continued. The main message I heard from the Fed was an acknowledgement of an economy weak enough to warrant … Read more