We have now experienced seven consecutive days with more S&P 500 stocks declining than advancing. Are we finally going to see an expansion in the new lows list?
We have now experienced 6 consecutive days with more S&P 500 stocks declining than advancing. This matches the previous streak of negative breadth observed over the past seven years....
Typically, sentiment matters most at extremes, and I like to use it as a contrarian indicator. The way I learnt it was to beware of the crowd when the crowd is too oneβsided.
We have entered December, the 12th month of the year, which happens to be my favorite month! It's summer here in Australia, meaning the days are warm and long. This gives me plenty of...
As we approach the final month of 2024, we have seen an impressive number of stocks perform well, with 387 stocks showing positive returns year-to-date so far.
The most recent flare-up of new lows we experienced from the other week has already disappeared, and it appears that they are retreating into hibernation...
