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.
Sell Rosh, Buy Yom in 2026?
There’s an old adage about selling stocks before Rosh Hashanah and buying them back on Yom Kippur. Is there a chance that this strategy works in 2026?
The Bulls Are Using Margin Again. Here’s How Well That Has Ended in the Past.
Let’s look at today’s indicators with an eye to the past to get a look at a possible future scenario.
With the Nasdaq Nearing Oversold, Let’s Check the Intermediate-Term Indicators
Readers have asked about the intermediate-term indicators. They’re not saying much yet, but that might change as Nasdaq nears oversold.