Breadth Flipped. Conviction Didn’t.
Friday gave us a breadth flip, but I’d grade Day 1 a D. Yes, breadth [...]
Rolling Correction
$RSP is down 5.70% since 8/19. $IWM is down 7.99% since 8/14. Meanwhile, the Russell [...]
Breadth Flip: Strong Index Day, Weak Confirmation Underneath
We got a fresh breadth flip yesterday and the headline numbers looked great: QQQ +2.77% [...]
We Got The Breadth Flip But No Follow Through
We got the breadth flip Thursday and saw some encouraging signs. Watchlist names acted well; [...]
From Patience To Taking New Longs
• New Longs• Intraday Breadth was horrible, but we got the breadth flip.• MAGS were [...]
Patience Is Key Here
• Breadth Peaked. • Indices--not bad. • Short-term swings--on hold. • Shorts--many are short-term extended.
The NYSE Is Making Headlines. Shorts Are Making Money.
Everybody Is Talking About the NYSE. But Where Is the Money? Bloggers are talking about [...]
The Indices Are The Last Men Standing
We started the week defensive and ended it even more defensive. Breadth was weak, longs [...]
The Market Is in Transition — Friday Saved Breadth
Interesting week. We are definitely in a transition phase. Earlier this week, I wrote a [...]
