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.
The Market Keeps Changing Horses. Will ‘Ordinary’ Become the New Opportunity?
From AI to quantum computing to rocket stocks, what’s the next thing for the trend followers? Maybe it’s hiding in plain sight.
Oversold? Not the Kind I’m Looking For
Here’s why I’m waiting for a ‘good’ oversold. Plus, let’s see if the little rally changed the indicators, and check out a bunch of down-and-out names.
Remember the Broadening-Out Trade? Nobody’s Talking About It Anymore.
The equal-weight S&P is testing its 50-day moving average, small caps are sliding, and market breadth is weakening. The bullish narrative has changed fast.
Investors Are Finally Noticing What the Market Has Been Warning About
Industrials, transports, and equal-weight stocks are struggling, while market breadth continues to deteriorate. The question now is whether fear has arrived too late.
More Stocks Are Hitting New Lows. The Market Doesn’t Seem to Care.
NYSE and Nasdaq new lows are climbing, but selling pressure keeps fading after the open. That disconnect could be telling investors something important about what’s coming next.
Monday’s Statistics Looked Terrible, Although There Weren’t Many Sellers
It’s one of those days where things looked bad, but the up and down volume statistics were equal.
The Others Retreat While Investors Leverage Up. Something Needs to Give.
Let’s examine a few key charts to see whether this chopfest will continue.
Stocks Are Sitting at a Crossroads
Are they oversold or not? Will the chopfest continue or not? We’ll be watching the others to see what could come next.