Complacency Is the Last Thing Standing
As stocks quietly weaken beneath the surface, investors continue to dismiss the damage as routine September seasonality. The problem is that the data keeps getting worse while concern remains scarce.
The Selling Isn’t the Story Yet
Stocks continue to leak lower and internal damage is mounting, but downside volume remains relatively contained and investor complacency persists. That’s why a bounce remains likely, even if the bigger warning signs are growing louder.
The Broadening Out Trade Seems to Have Petered Out
With RSP on the decline and new lows spiking, the market isn’t as strong as the S&P 500 would make us think.
How Well Is the Market Holding Up? Could Be Better.
The equal-weight S&P is off 5% and new lows are climbing. Is that healthy? Let’s look closer.
What If ‘Equal Weight’ Isn’t Equal?
Now I know why the RSP doesn’t look like any breadth indicators I follow.
Semiconductors Have Rallied for Four Days. Can They Make it Five in a Row?
Not much changed in the market today, with the broadening out trade petering out. But can semis save the day?
The Market’s Biggest Problem Isn’t What You Think
It’s not earnings, interest rates, or oil prices. It’s the growing gap between where the indexes are trading and what individual stocks are actually doing.
Caught Between Oversold and Complacency
As we finish out the summer, what we really need is a whoosh lower to clean out the weak hands and set the market up for another leg higher. But can we get it?
Key Market Data Doesn’t Seem to Care About the September Bears
Apparently, folks are scared of September. But some significant market readings would say otherwise.
Market Returns to Unhealthy Trend, But I’m Not Complaining
Traders reacted to the oversold conditions and, most likely, the Magnificent Seven.