by Drew Wells, CMT, CIMA® | Nov 17, 2022 | Advisors, Dan, Drew
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...
by Drew Wells, CMT, CIMA® | Nov 16, 2022 | Research
Take-Aways The S&P 500 has recaptured a major battleground zone to the upside over the past week of trading, setting up an attack on the declining 200-day moving average from below. The Ten-Year note rallied above the declining 50-day moving average for the first...
by Drew Wells, CMT, CIMA® | Nov 9, 2022 | Research
Take-Aways: Both the S&P 500 and the S&P 600 have experienced minor improvements over the past week, but it has not been enough to get the bulls cheering. The NASDAQ 100 continues to struggle while the Ten-Year Note attempts to stabilize once again....
by Drew Wells, CMT, CIMA® | Nov 8, 2022 | Research
Take-Aways: The S&P 500’s largest sector weighting, Technology, continues its trend of underperformance in breaking long-term relative support to the downside over the past week of trading. Similarly, Consumer Discretionary and Communication Services remain under...
by Drew Wells, CMT, CIMA® | Nov 2, 2022 | Research
Take-Aways: While the S&P 500 and S&P 600 have had impressive weeks, the tech-heavy NASDAQ 100 continues to fall behind the bullish technical developments of its peers and has emerged as an underperformer once again. Commodities continue to consolidate as...
