Is Sentiment Giddy Yet? It’s Complicated.
Let’s examine some key sentiment measures.
Walmart Stock Gives Investors Something to Fret Over
Let’s talk about the chart patterns of some key stocks, including Walmart, which is starting to look like Microsoft stock from last November.
The ‘Others’ Just Can’t Catch a Bid
It’s still an either/or market with money flowing into the tech leaders, but not the others.
Traders Remain Complacent Despite Bad Breadth
I’m still expecting the market to reach oversold levels sometime after Memorial Day.
On Monday, Sellers Walked Away Midday
This remains an Either/Or Market. On Monday, however, the action was marked by a drying up of selling pressure.
Has Inflation Rung the Bell on a Stock Market Top?
A sharp rise in PPI could be the signal that bears have been looking for. Should investors care?
The Stock Market Forecast Shows Complacency with a Dash of Giddy
While most investor sentiment shows complacency, what’s going on with the options traders?
Wall Street Keeps Saying ‘1999’—But the Market’s Internals Tell a Different Story
Three strategists see a blow-off setup, but tops form slowly. Breadth isn’t expanding, the Dow is bleeding, and key sectors aren’t confirming.
Today’s Winner Was the Either/Or Market (test)
Although there was some panic this morning, stocks reversed to close over S&P 500 6800 again. But the either/or market remains intact.