Charting My Interruption (CMI): “Stocks Top on Good News, Not Bad.”

Highlights

  • It is never the specific news item, nor how we feel about it personally that matters...rather, it is how the market responds to it that determines its significance.
  • The bulls had plenty to rejoice about last night, with strong NVDA earnings and a US federal court ruling that Trump's tariffs were illegal.
  • While one single day's response to certain news items should not be overemphasized, today's muted response to this news is duly noted.
  • Additionally, divergences are beginning. . .

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