As breadth data going back to the 1950s suggested it might, the S&P has enjoyed a sprightly rally off its 200 day average, ignited by an extremely oversold condition. As indicated in Monday's WMR and . . .
Charting My Interruption (CMI): “Bulls’ Struggling Quarterback in 4375-4475 ‘Red Zone'”
October 11th, 2023
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Some of Our Latest Commentary
Monthly MOTR Checkup Video (MMC): “Appear strong when you are weak and weak when you are strong.”
After spending nearly two years appearing to be strong when it was weak, the market may be transitioning to a
Weekly MOTR Report (WMR): “Crypto & Crypto Stocks Leading the Way.”
Highlights As the S&P takes a pause, burdened by a near -10% setback in NVDA last week, crypto and crypto
Charting My Interruption (CMI): “Bull Markets Still Have Corrections.”
Highlights Just because our Risk Gauges have finally achieved 'Risk On' for the first time since before the 2021 peak,
Weekly MOTR Report (WMR): “Robust Bull Market Finally Getting Closer.”
Highlights In Friday's CMI note, we said we needed to see an improvement in our trend model readings before spinning
Charting My Interruption (CMI): “News Flash: Violent, Chaotic Behavior is not Bullish.”
Highlights As much as we all want to say yesterday's price action was bullish, I struggle to do so because
Weekly MOTR Report (WMR): “Bullish, But Cautiously So.”
Highlights Market conditions continue to diverge, with leadership itself getting more and more narrow. Whether or not this is a