{"id":65545,"date":"2023-08-13T13:24:34","date_gmt":"2023-08-13T20:24:34","guid":{"rendered":"https:\/\/drduru.com\/onetwentytwo\/?p=65545"},"modified":"2023-08-13T13:51:57","modified_gmt":"2023-08-13T20:51:57","slug":"summer-of-loving-stocks-loses-julys-gains-the-market-breadth","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2023\/08\/13\/summer-of-loving-stocks-loses-julys-gains-the-market-breadth\/","title":{"rendered":"The Summer of Loving Stocks Loses July’s Gains – The Market Breadth"},"content":{"rendered":"\n

Stock Market Commentary<\/strong><\/h2>\n\n\n\n

The summer of stocks looks like it is winding down as trading dynamics transition into the stock market’s most dangerous months<\/a>. The complete reversal of July’s gains on the major indices represents the most ominous sign of the transition. Technology stocks in particular have flipped from rocketships to anchors weighing on the trading action. Earnings performances over the last few weeks have come far short of justifying high-flying valuations. More importantly, investors and traders seem to care more and more about valuations at the moment. <\/p>\n\n\n\n