{"id":77083,"date":"2025-11-02T15:29:06","date_gmt":"2025-11-02T23:29:06","guid":{"rendered":"https:\/\/drduru.com\/onetwentytwo\/?p=77083"},"modified":"2025-11-02T15:32:52","modified_gmt":"2025-11-02T23:32:52","slug":"still-on-breadths-edge-of-a-breakdown-the-market-breadth","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2025\/11\/02\/still-on-breadths-edge-of-a-breakdown-the-market-breadth\/","title":{"rendered":"Still On Breadth’s Edge of A Breakdown – The Market Breadth"},"content":{"rendered":"\n

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

The stock market started the week in familiar melt-up mode, supported by a (temporary) thaw in the economic war between the U.S. and China. Optimism persisted until the Federal Reserve weighed in with its latest announcement on monetary policy, when Chair Jerome Powell balked at the idea of a December rate cut<\/a>. That hesitation triggered immediate wobbles in the stock market. Most importantly, market breadth plunged and ended the week right at the same low caused by the reignition of U.S. vs China economic tensions<\/a> in mid-October. Thus, at market breadth’s edge of a breakdown, the market has a kind of bearish divergence while the major indices are floating near all-time highs.<\/p>\n\n\n\n

The VIX, meanwhile, has stopped descending and is showing signs of consolidation. This setup looks like volatility is regaining strength. Given the pullbacks during the market’s most dangerous months were so brief and shallow, I will not be surprised to see the VIX spike again in coming days or weeks. <\/p>\n\n\n

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\"The<\/a>
The volatility index (VIX) is stabilizing after a swift reversal from the market’s last troubles. The VIX looks ready to pop again soon.<\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n

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