A Market With Pockets of Health and Pockets of Sickness
There’s lots to love about the stock market right now. And many things to be concerned about.
New Lows Expand While Semis Go Parabolic
It’s an either/or market, and you’re either in the favorite names or you might own something on the expanding new lows list.
A Cautionary Tale of Breakouts Becoming Fakeouts
We got that rally last week, but under the surface, there are worrying trends.
This Week, the Plan Hasn’t Quite Come Together
The market finally got oversold, but not in the manner I expected. Let’s see what’s next.
Why Isn’t Oil Fueling a Move Higher in the Transports?
Oil down, transports up. That’s the old relationship. But it isn’t working these days.
Are Options Traders Sounding a Warning Signal for Stocks?
We can talk about the Semis and the transports, but it’s the options that are giving the most worrying signal.
People Are Worried About the SOX. The Transports Might Be the Bigger Worry.
The SOX are tracing out a possible double top. Or a pennant. We don’t know yet. But Transports are following oil, which is down.
Weekly Sentiment Survey: The Team Leans Bearish Overall
While the overall sentiment was bearish, not all members feel that way.
Delta, Banks, and Industrials Flash Warning Signs as Investors Question Market Strength
Several key sectors broke higher only to finish near session lows, creating potential false breakouts that traders are now watching closely for signs of a reversal.
Monday’s Market Settled Nothing, Though There Is a Bright Side
An up day for stocks. Well, about half of them, that is. Here’s what I’m watching.