Category: Market Breadth
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The stock market is holding its breadth… for now
The stocks in the S&P 500 index that are above their 50 day moving average has stopped at the same level it reversed in May. The percent of stocks in up or downtrends is a… Read More
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Strong stock market momentum was accompanied by broad participation
Not only has the broad stock market indexes like the S&P 500 advanced sharply with great momentum since late December 2018, but its breadth has also been impressive. The percent of stocks trading above their… Read More
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Stock market internals are signaling an inflection point
Indicators of the internal strength of the market measure the breadth of the market trend using the number of individual stocks participating in a move. On December 24, 2018, I shared my observation in An exhaustive stock… Read More
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An exhaustive analysis of the U.S. stock market
It’s a big task for me to use the word exhaustive when it comes to stock market analysis. Exhaustive is examining, including, or considering all elements or aspects; fully comprehensive. There is no way to… Read More
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What’s going to happen next for the stock market?
The popular stock indexes are now down about -5% year to date. The popular stock indexes are now about -13% off their highs. I don’t normally include the NASDAQ since it’s so overweight the Technology… Read More
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Divergence in the Advance-Decline Line May be Bullish
With the stock market swinging up and down with the volatility expansion we’ve seen since February many investors are probably wondering which way stocks are going to trend. Individual investors should be aware of the… Read More
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The stock market is swinging its way to an inflection point
Trying not to sound like a broken record, I’ll share a few updates from what I said last in Observations of the stock market downtrend. The stock market is at an inflection point. An inflection point is… Read More
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Is it a stock pickers market?
Sometimes the stock market is trending so strongly that the rising tide lifts all boats. No matter what stocks or stock fund you invest in, it goes up. That was the case much of 2017.… Read More
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Stock Market Decline is Broad
We typically expect to see small company stocks decline first and decline the most. The theory is that smaller companies, especially micro companies, are more risky so their value may disappear faster. Below, we view the… Read More
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Asymmetric Returns of World Markets YTD
As of today, global stock, bond, commodity markets are generating asymmetric returns year to date. The graph below illustrates the asymmetry is negative for those who need these markets to go “up”. source: http://finviz.com Read More