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.
Industrials, transports, and equal-weight stocks are struggling, while market breadth continues to deteriorate. The question now is whether fear has arrived too late.
The price chart remains bullish but probably not for long.
The technical damage came first. Now the news is doing the rest.
It’s one of those days where things looked bad, but the up and down volume statistics were equal.
We initiated three positions, added to several others, and locked in massive gains along the way.
It sure seems a breakout is imminent, but there is solid resistance just above.
Are they oversold or not? Will the chopfest continue or not? We’ll be watching the others to see what could come next.
CIBR has been strong throughout selling in the software sector and is poised to continue a breakout.
These Canadian names were making new highs until tariffs hit.
Let’s look at today’s indicators with an eye to the past to get a look at a possible future scenario.