Breadth  is Still Bad

Breadth
is Still Bad

Key Points Pharmaceuticals are Showing Signs of Relative Improvement Breadth Metrics Continue to Diverge with Record Equity Levels Short-Term Measures are Slightly Better on the Week Small Caps Remain the Weakest New Chart this Week: NYSE 52-Week and Six-Month Highs...
Fearful Sentiment with Stocks  Near Record Levels

Fearful Sentiment with Stocks
Near Record Levels

Key Points Are Hotels, Restaurants, and Leisure Sending a Message? S&P 500 and NASDAQ 100 Snap Five-Day Winning Streaks Small Caps Continue to Lag in the Near-Term The 10-Year Note Finds Support at a Key Level Sentiment is NOT Bullish Chart in Focus With much...
Credit May Provide  the Best Roadmap

Credit May Provide
the Best Roadmap

Key Points Watching for a False Breakdown in Spreads Low Volatility Over High Beta is a High Probability Path Bounce in Lumber/Gold but the Damage has Been Done Small Caps Continue to Weaken Growth vs Value is Taking Out the Next Resistance Level Chart in Focus: Was...