Buy Dips: The Psychology of Post-Oversold Trading – The Market Breadth

buy dips - the psychology of post-oversold trading - the market breadth

The Market Breadth Summary Stock Market Commentary A week ago, I made the case that a bottom was finally forming after five weeks of selling. The ceasefire announcement that was supposed to reopen the Strait of Hormuz let buyers run free and confirm that bottom. Wednesday’s resulting gap up created post-oversold trading conditions that tell … Read more

Breakdowns + Pullbacks = Risk Off Again – The Market Breadth

Breakdowns + Pullbacks = Risk Off Again

The Market Breadth Summary Stock Market Commentary The first month of the new year ended in an eventful fashion with significant news both good and bad, sometimes abrupt. The bad news convinced me to go risk off again as breakdowns and pullbacks weighed heavily on individual stocks. The major indices hid the extent of the … Read more