Overbought Conditions End with Blow-Off Tops – The Market Breadth

blow-off top (Credit: Giuseppe Milo, Giuseppe Milo Geyser - Iceland - Black and white street photography, https://www.flickr.com/photos/87690240@N03/23894931910)

Stock Market Commentary The latest overbought period lasted two days, a typical duration. However, the start of the period was atypical given the fuel from historic heroics from small cap stocks. The end of the overbought period was remarkable by delivering some of the clearest topping signals of the year. Key indices that soared into … Read more