Broadening Holds Formation Last week, in my interview with Quasar Markets, I suggested it would be a healthy development if the S&P 500 consolidated after a bullish but modest volume breakout. This week followed that script as the market largely traded sideways in a narrow range, digesting recent gains rather than surrendering the field. The […]
The Generals’ Resurgence, Breadth Breaks the Line August opened with a decisive counteroffensive from the generals. After weeks of rotation, hesitation, and uneven command, the Invesco QQQ Trust Series 1 surged 5.09% and powered the market higher. The S&P 500 Index broke above resistance, pushed through June’s prior all-time high, and closed the week on […]
Broadening Holds, Supply Lines Still Need Fuel The S&P 500 closed higher on the week but, after stumbling early, closed inside last week’s range. Under the continuing shadow of the Iran conflict, fragile peace discussions, and renewed concern around the Strait of Hormuz, investors remain caught between risk appetite and geopolitical caution. Recent reporting continues […]
Strengthening Core The market finished lower on the week, but the story beneath the surface was more constructive than the headlines may have suggested. The S&P 500 Index declined -0.61%, yet the broader ranks held firm. Under the continuing shadow of the Iran war, renewed peace discussions, and ongoing concerns around the Strait of Hormuz, […]
Broadening Holds While the Generals Take Fire The market remained under the shadow of the Iran war and the continuing contest over nuclear ambitions and control of the Strait of Hormuz. Oil has remained volatile as markets weigh conflict risk against the possibility that diplomacy may contain escalations. Against that backdrop, the generals took one […]
Early July Fireworks, Broadening Still Under Review This past week, the S&P 500 rose more than 1% on light volume, continuing the early July advance toward the 7600-resistance zone. Seasonally, early July often has a way of lighting a firecracker under the market, drawing investors back into the field before the historically more difficult stretch […]
Broadening While the Generals Rest The market closed higher on the week, but the battlefield remained largely contained inside last week’s range. Under the continuing shadow of the Iran war, ceasefire discussions, and fragile peace negotiations, investors were left weighing a familiar tension. The fog of peace eased enough to support risk assets, but not […]
Broadening Under Fire The market entered the week with the Iran war still casting a long shadow over the battlefield. Peace discussions, ceasefire headlines, and renewed tension around the Strait of Hormuz continued to shape the cross-asset front. Yet despite the fog of war, the equity campaign delivered an important internal message. The headline battlefield […]
Volume Analysis Flash Update Inflow Barrage, Generals Charge The market entered the week under the lifting shadow of the Iran war, with investors still navigating the dust from geopolitical conflict, volatile oil, and shifting capital commitments. On the surface, the bulls received important reinforcement. The week was bracketed by powerful inflow days, including a 95% […]
Broadening Under Fire The market staged a recovery this week, but the battlefield remains far from settled. Under the ongoing shadow of the Iran war, capital flows stayed defensive even as several formations advanced. In military terms, the troops and broader ranks pressed forward, while the generals ceded some command of the field. The week’s […]