A Sticking  Point

A Sticking
Point

Take-Aways: After giving “risk-on vibes” last week, many of the key themes that we track continued higher until meeting either moving average or price-based resistance.  Breaking above these levels is now key for bulls to have confidence that equities can rally into...
Digging Deeper into Breadth Divergences

Digging Deeper into Breadth
Divergences

Market Breadth has been the subject of many technical and quantitative studies within capital markets over the last several decades. In our previous article, we looked specifically at Breadth Thrusts and the risks associated with these events. While breadth thrusts...
We Are Seeing More

We Are Seeing
More

Take-Aways: Last week we noted that we needed to see more from our breadth metrics to have confidence that the S&P 500 could break and hold above 3,900. Thus far, the market has delivered, and the door is now open to a run toward the 4,100-4,200 zone for the...