Bonds Rallied. Stocks Rallied. Just Not In the Way We Like.
Defensive issues took the lead. Does that mean we could be in for more downside?
Defensive issues took the lead. Does that mean we could be in for more downside?
We’ve been stuck in this either/or market for what seems like an eternity. Perhaps it’s time that everything moves together.
Bonds may have found a bid, but stocks haven’t, with new lows jumping on the NYSE and Nasdaq.
I’m watching an increase in the number of new lows, and it’s not suggesting higher prices.
On a weak day in the market, the semis rally while the others dive.
Not much changed in the market last week but there are some signs of small divergences.
Four days up, now six days sideways. If the people are so bullish, why aren’t they buying?
It’s one of those markets where the indexes move ahead, but the breadth hasn’t broadened out.
It’s never different. The market always rhymes. That’s why this indicator suggests volatility on the horizon.